The Market Crash Fallacy! When In Doubt Zoom Out! (Part 2/2)
I'll just wait for the market to crash and buy big...
I'm sure you've heard somebody say this before, but is this an effective strategy?
How many property investors became millionaires by waiting for the market to crash?
In this second part of this two-part series, I'm going to pretend that everything I said in part one was a lie...
And that the Australian property market will 100% crash...
What does that mean for the investor who has been waiting on the sidelines? Will they actually win big?
To find out, we'll be diving into:
- How will the economy be impacted by a massive property crash?
- What job sectors are safe, and which ones will suffer major losses?
- What is the likelihood that someone will perfectly time a crash?
- And in the end, are you better off timing the market or having time in the market?
This is such an important episode, whether you're somebody who's waiting for a crash or not, because the wrong strategy could stop your portfolio's growth in its tracks!
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Disclaimer: The information provided in this podcast is general in nature and should not be considered as personal financial advice. The podcast host, guests, and contributors are not licensed financial advisors. Please seek professional financial advice that is tailored to your situation and circumstances before making any financial decisions.
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