There is no perfect time to change your mindset than now.
Waiting for the perfect timing to start or move to the next level in any investment journey is almost always synonymous to being in a perpetual stagnant state, because the time will never be “perfect”.
What it takes to develop a winning investor mindset is to move the focal point, from the paralysis of too much detail and conflicting voices, onto the big picture. When the vision of the outcome shifts into focus, then ‘the perfect time’ stops being the most important criteria. The target shifts to how to get moving, and who can help.
The current climate in Australia for investing in property is as good as it gets, thanks to these 4 significant events that took place between May and October 2019:
Historic low interest rates (RBA, October)
Relaxed lending criteria, enabling larger borrowing capacity (APRA, July)
Favourable tax policies, incentives for first home buyers as a result of the 2019 elections (May)
In addition, the high demand from a rapidly growing population and the scarcity in new housing has also contributed to the recent upswing of prices after a year of sustained slump. The RBA predicts a "rapid growth" in housing prices in the near future
These can only add to the urgency of changing your mindset and taking action. It’s time to gather a team who will come alongside to help chart a course to achieve your outcome.
Because if not now, when?