If you’ve been with us a while, you have heard us say this before, but right now, today, it is worth repeating;
“When markets are booming, people think they’ll boom forever. And when markets are slumping, people think they’ll slump forever.”
Neither is true of course as history proves over and over.
Right now, we are in the euphoria stage. What we are seeing every day in the market is more than a ‘boom’…It’s mania out there. There are multitude reasons for this as we know, but one constant we keep hearing:
“’This time it’s different.”
Those words…Prevalent in any boom, are some of the most dangerous words an investor can ever mutter, or believe.
These words are rationalisation. And rationalisation is one of the signs of denial.
Denial of what? The inevitable outcome of all of this, which is that one day, sooner or later, the music WILL stop.
The difference between us, and many commentators out there who love nothing more than a good ‘the sky is falling’ narrative, is that we will WELCOME this change. We’ve been through downturns before (including the Global Financial Crisis) and that is where serious wealth is made.
But in the meantime, we are taking full advantage of the current mania and leveraging it to prepare.
This environment is perfect for trading. In fact, we’ve never seen a more perfect environment in over 20 years that we have been in the market.
The deals our team are doing are, at the risk of sounding cheesy and cliché, ‘life-changing’.
So why learn to trade? After all, once you pay income tax and GST nearly half of your profit goes away, and trading can be hard work.
The answer is because it protects you.
It is a skill which offers disproportionate results to the effort required. It is transferable, robust, and timeless.
Afraid of your job security or business stability in these uncertain times?
Trading is a significant ‘fallback position’.
Worried about the Govt’s changes to tax deductibility of rental property?
Trading profits can offset these to enable you to continue to hold your property for the long-term wealth effect by reducing your cashflow pressure.
Want to pay down your debt? Either on your own home, your rentals, or other debt?
Trading is a substantial side-hustle which you can use to do this.
Want to create a deposit for your next property?
Saving for it is nearly impossible unless you are earning massive income, but CREATING it through trading is very possible. Trading can provide funds to do this.
Just want to fund a better lifestyle?
Yep, that too.
In a nutshell, it just makes sense to learn this skill. Do not believe that limited time or limited funds should hold you back, if you think that then there’s a good chance that you ‘don’t know what you don’t know’. The only thing which can reasonably hold you back is lack of education and knowledge.
It’s up to you of course and we won’t push it down your throat. If it is something you want to know more about, whether you’re thinking about getting started, or already a seasoned trader, jump on our Property Traders Report on Monday. It’s online, only 90 minutes, only $5 (charity donation) and is a relaxed update on what we’re seeing out there and what sort of deals the team are doing.
It will be WELL worth your time.
To prepare for something you need to be able to predict it. To predict it, you need to understand how it works and believe that is can happen. Whatever happens in the market, knowing how to trade is a skill which can really save you, as well as drive you forward.
Probably worth 90 minutes of your time, no?