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Date: November 27th, 2007

To sell or not to sell?

27 November, 2007 (06:10) | Opinion - Property | By: admin

Very often investors asked me if they should sell their ‘assets’ after they have held it for a long time. ‘Are you an ‘investor’ or a ‘trader’?’, I asked. In my opinion, investors should avoid selling as selling meant losing an appreciating asset forever. Think about this, you have gone through great efforts to acquire an asset that cannot be built for the same price in today’s context, why sell it? Sadly in the Asian context, most investors are happily ‘speculating’ in rising markets like Singapore and HK, some even Malaysia.

Some of the most successful investors I have met in Australia accumulated well over 20 properties in a span of 10 years or less. They have never thought of selling… These assets accumulated allow them to buy more and more…

so conclusion, to sell or not to sell…. send me your comments. .