The saying has been going around for many years, but you know what, it’s the truth.
The old adage, “it's not about timing the market, but about time in the market,” has been proven true over the years. Research shows that those who stay invested over the long run in a well-diversified portfolio will generally do better than those who try to profit from turning points in the market.
The property market has cycles and who would have predicted the demand for housing in the Bundaberg region, where it’s been stagnate for many years.
We have witnessed many people who have bought only 5 years ago, obtain fantastic growth in the property, but from anything that history has shown us, that property owners who keep their properties for 10 years or more will definitely achieve better return and profit when the time comes to sell.
It’s not always time in the market, we have witnessed many people purchasing in the last 12 months, only to sell 12 months later for an extra $100K or more.
It is timing the market?..... there is never a good or bad time to buy, the best thing is to start building a property portfolio for you and your family. If you want information about investing, please give our Property Management Team here at First National Real Estate McColms a call anytime.