At the start of every new year, we all get caught up in the idea of ‘New Year, New Me’. We’re going to start a diet we’ve been putting off for ages, or travel more, are some of the standard resolutions we go with. Another big one is ‘save money’ or ‘get a handle on expenses’; if that’s the case for you AGAIN in 2018, have a think about investing in property. Compounding interest is such a powerful wealth creation tool and the sooner you get into it, the better off you’ll be.
Whether you’re already an investor, or someone new to the market, it is critical to set yourself new goals to work towards and achieve. Adapted from a Chinese proverb, the saying ‘The best time to invest was 20 years ago, the second-best time is today’ really applies here. If you haven’t started investing already, don’t look at the past; take this opportunity to start looking into it now. Start setting yourself goals towards building your investment portfolio, and start considering your options.
Here are my 5 tips to help you make property investment your new year’s resolution: