How many of you regret, in hindsight, selling any of your investment properties?
I have only sold one of my investment properties and I regret it like hell. My new motto ...buy and hold means "HOLD". No more selling cashcows that will pay me for the rest of my life...and my family's lives for that matter.
I bought the apartment next to the one I live in Taipei, Taiwan. I sold it after 3 years, made a nice profit and promptly put the profit in shares which TANKED during the GFC crisis of 2008 and lost 60% of their value.
And to rub salt into the wounds, the apartment has since appreciated in value by another 30% :-(.
Any good war stories you feel like sharing??
Shane
I have only sold one of my investment properties and I regret it like hell. My new motto ...buy and hold means "HOLD". No more selling cashcows that will pay me for the rest of my life...and my family's lives for that matter.
I bought the apartment next to the one I live in Taipei, Taiwan. I sold it after 3 years, made a nice profit and promptly put the profit in shares which TANKED during the GFC crisis of 2008 and lost 60% of their value.
And to rub salt into the wounds, the apartment has since appreciated in value by another 30% :-(.
Any good war stories you feel like sharing??
Shane
Comment