Go offline with the Player FM app!
Should you get emotional about your investment property?
Manage episode 357419572 series 3009410
I have been teaching adults how to do grown up things for over 29 years and whenever its around investing in property I tell them not to get emotional abut it.....but.
I recently read an article written by Fiona McGovern, Head of Client Services at Blue Wealth Property, "Getting emotional about your investment property" and its changed the way I present....just a bit.
I grabbed Fiona and made her talk about crying over Bake-Off TV shows and how family dinners can pave the way for your adult kids starting their own investment path.
"Remember, owning an investment property is a business. You are buying a product in order to provide a service that you are paid for – owning a business means you need to take the emotions out of the decision-making process. Buy based on the research and consider the product that will earn you the best return without adding your personal preferences for where you’d want to live. But enjoy the process, and be proud of your achievement, as we are every time we help a Blue Wealth client create opportunities for their future." Fiona McGovern
106 episodes
Manage episode 357419572 series 3009410
I have been teaching adults how to do grown up things for over 29 years and whenever its around investing in property I tell them not to get emotional abut it.....but.
I recently read an article written by Fiona McGovern, Head of Client Services at Blue Wealth Property, "Getting emotional about your investment property" and its changed the way I present....just a bit.
I grabbed Fiona and made her talk about crying over Bake-Off TV shows and how family dinners can pave the way for your adult kids starting their own investment path.
"Remember, owning an investment property is a business. You are buying a product in order to provide a service that you are paid for – owning a business means you need to take the emotions out of the decision-making process. Buy based on the research and consider the product that will earn you the best return without adding your personal preferences for where you’d want to live. But enjoy the process, and be proud of your achievement, as we are every time we help a Blue Wealth client create opportunities for their future." Fiona McGovern
106 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.