By Michael Yardney originally published on SmartCompany.com.au
Successful investors learn as much from their mistakes as they do from their successes, whereas the average Australian seems to make the same financial errors over and over again, and wonders why things don’t change.
Like any investment there is no return without accepting a level of risk. The most successful investors are those that are able to recognise risks and reduce the effects of these risk before they invest. They are playing the investment game with the deck stacked in their favour.
Property Investment is the same. There are risks that every investor should be aware of , so that their effects can be mitigated or reduced. Lets start with the bigger, harder to mitigate risks. Read more
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