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Jul
25

Roller coaster thinking

By Dean Letfus

I was talking to a developer today who has been around a long time and seen several cycles. He commented that he is so surprised how many people are so influenced by waves that come along and cause them to make bad decisions. It reminded me of a recent blog where I said exactly the same thing.

We were discussing one of his projects, which is both unique and fabulous and a great alternative to sticking a few grand in the bank where inflation will kill it. Yet he was surprised at people’s apathy when it came to sales for such a great opportunity. Given his development history and reputation for value and quality he would have reasonably units to be snapped up.

He was commenting that even allowing for the current drama’s in the economy the fact is people still have to do something with their money.

The ones that have clear goals and plans simply keep investing and doing what they have planned. I have bought 3 units in this developers current project because it is low risk and inflation proofed, (because it’s property), and not a cent down for 18 months. This is not only because my own due diligence shows me it is a genuine opportunity but also because it fits in with my future wealth creation plans, a short term blip in NZ isn’t going to make me change my mind.

When my Australian friend was here recently he said he couldn’t believe how much *%$#@( we had in our newspapers and on TV that was so victim based and negative. He couldn’t wait to get back to Oz to some positive reporting.

So what plans have you ditched because of some journalist, what investment plans have you shelved simply because some poor relative told you that they saw someone on TV saying the world was ending??

Hello, is any one out there :-)

Stay Safe ~ Dean Letfus (aka Dean Leftus)

PS, click on the link below to see the project I was talking about above
www.massiveaction.co.nz

Don’t miss this exceptional opportunity, freehold commercial investment from only $40,000

Categories : Dean's Blog

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