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Keep focused on the endgame

R

realdeals

Active Member
There are many different ways to motivate yourself when looking at property investment and ultimately you need to keep your eye on the endgame. Give yourself short to medium-term targets but always remain focused on your long-term strategy. In reality not all of your property deals will be successful therefore you also need to learn to run your winners and cut your losers.

The investment world is full of people who kept their loss-making investments in the hope they would recover only to see them drifting further and further down. While banking profits is obviously the name of the game, knowing when to take a loss is just as important.
 
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