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#52 What Happened When I Timed The Market - My Mistakes and Lessons In Real Estate
Manage episode 401267067 series 2936301
Contenido proporcionado por Melvin Lim. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Melvin Lim o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
Ever made a costly mistake in real estate or investments? In this episode, Melvin Lim from PropertyLimBrothers shares his story of regret regarding the purchase of his jumbo HDB apartment and how he eventually incurred a financial loss; which was the result of timing the market. Melvin reflects on his property portfolio, talks about his personal anecdotes in his real estate journey, whilst putting his lessons into practice to create PropertyLimBrothers. He also speaks about how learning about property investment frameworks have helped him made better investment decisions.To understand more about the balance and between the happiness index and the investment methodology index and their respective significance, be sure to watch this episode of Nuggets On The Go!
A shoutout to all who have joined our NOTG Telegram channel, thank you for your support! If you’ve not joined yet, don’t miss the conversations anymore! Join our NOTG community at t.me/notgpod. Stay up to date with our upcoming webinar dates on propertylimbrothers.com’s webinar tab!
(00:00:00) Intro
(00:01:38) Melvin's first home
(00:02:27) Fundamental framework in buying a property in Singapore
(00:06:44) Power of Reinvestment: Leveraging your first property for future expansion
(00:10:25) Having confidence and understanding for investing into a property
(00:17:04) PLB Assembly
(00:18:54) Closing thoughts
(00:21:02) Outtakes
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