[OPINION] Property investors just as guilty of short-termism as stock market investors
By Nick Gentle - iFind Property
To counter that, especially when the news mill is grim, we need to focus on the long-term trends that underpin why we invested in property in the first place. Understand that a large "macro" trend happens over time, even if it might not be obvious yet.
This is precisely how economists think; they look at market forces in play and make predictions.
"Yet" is a bit of a magic word that lets us make forward-looking assertions that don't line up with backward-looking statistics. “It’s coming, even if it hasn’t happened yet”, is a way to sit with long-term ideas and ignore the noise.
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.