Tuesday, May 27, 2014

Property Investment is not just numbers, it is an art!

Many people fail in many investment because they treat investment simply as numbers calculation. As a result, they easily fall prey into bad investment especially Quick Rich Scheme or did not do any investment at all. By the time they realize the important of investment, it might be too late especially when they reach middle ages.

Sometimes, it is funny when I watch educated people treat property investment merely number calculation. For them, without money, don't talk about property investment. And, it is very bad to have debt especially by numbers, property debt seems huge! The funny thing is, they have money to waste for not really necessary items but no money and time to begin by investing in themselves via learning in seminars or reading books. If they are too stingy, they can simply learn from successful people.

If it is only numbers calculation, many property investors today are merely workers or business people. Many people will be afraid to invest. It is also not simple logic. But if they want to think logically, if property investment is a very huge risk, why there are more and more people investing in property regardless the type of property!? If it is a straight forward logic, many investors will find that they don't have sufficient money to invest or very hard to expand their investment.

Property investment is not simply a science. Sir Isaac Newton failed miserably in his investment although it was not on property investment.  If it is, many scientist in Malaysia already invested in property investment. Then they can retire happily ever after without the need to work once the age of retirement is reached. Surprisingly, you will find many scientists including engineers who have similar thinking process still work upon retirement. The common reason they will give is they are bored living at home. Nonsense! If they are bored, there are many other things they can do such as charity work, religious activities, travel the country or world etc. Their financial simply not enough to maintain the existing life style.

So, how do people learn an art? Do Mozart simply read books and became an expert in music? Do Picasso simply observe other people's behavior to produce magnificent arts? They became master of the arts by doing it repeatedly, spending many hours, and days experimenting with many methods. They keep on looking for new ideas regardless what happen to their surroundings.

However, in modern world, it is harder to be productive to learn property investment by just doing. Modern financial world is getting more complicated that even religious people can get trapped in Quick Rich Schemes! True, by numbers calculation, the risk is too high. But, it is an art how to reduce the risk and maximize the return in the shortest time possible. Being a specialized society, it is cheaper and less time consuming learning from others in seminars or having mentors. Like other arts learning process, the earlier you start the faster you become better...financially.


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