‘I will tell you how to become rich. Close the doors. Be fearful when others are greedy, be greedy when others are fearful.’
Warren Buffett (Investor, Billionaire and Philanthropist)
Investment Property Agency translation – Now is the time to invest in property. It is almost always best to act opposite to the herd and remember property investment is a long term strategy so entering in a downturn represents a fantastic opportunity.
For those unfamiliar Warren Buffett is America’s 2nd richest individual, behind Bill Gates, with an estimated net wealth of $ 39 billion and arguably the greatest investor of all time. Warren Buffett rarely changes his long term investing strategies, no matter what the short term market does, and believes you are far more likely to succeed with a buy and hold strategy than short term trading. Indeed his favourite holding period is forever. The point to be taken from this is that investment, of any kind, must be viewed long term and not as a short term ‘window’ which is merely speculation.