Someone commented: "No statistics, but most people who aren't millionaires and are not good at investing will have a better chance at becoming a millionaire from property investing than stock investing."
Inherent Emotionally Positive Feeling
- Rarely, will retail property investors shake their heads on "losses" on their property investment as most of them will strongly believe that in the long run property prices in Singapore have only one way to go - UP!
- The property will be MINE when one day it is fully paid either through rentals or mortgages or both.
- Rarely, will retail property investors check their valuation of their properties at such high frequency e.g on daily or weekly basis.
So there exists this inherent emotionally positive feeling in investing in properties. It is good for those can't ride the emotional roller-coaster stock market to save up and invest in property and avoid being emotionally trapped in the stock market.
Hi,
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