Property Investment Articles
What is the single biggest risk for people in investing?
Hi, everyone. Salena Kulkarni here from Phoenix Wealth Group. And in today’s video I want to talk about what I think is the single biggest risk for people who do any kind of investing.
In my world I come across people who invest in all sorts of different things whether it’s businesses, shares, property, all sorts of different things every day. And the thing that I see as the single biggest mindset barrier and probably the biggest risk when you’re investing is the idea that you can get rich quick.
The number of people who go to seminars, sees things on the Internet, see ads on TV, where anyone is trying to tell you that if you follow a certain set of rules you will get rich quick. And this is something that I feel passionate about!!
I’ve met too many people who have lost too much money undertaking things that are clearly high risk or aren’t going to work and parting with hard earned cash in order to get a really poor result or in some cases lose money.
What I would say to you is the philosophy that you should have as an investor is really going to serve you the best in an environment where things are going a bit crazy all around the world. If you want to be as risk averse as possible you should adopt an attitude of getting rich slow. People like me who have done well for themselves through property and other things have had to learn the hard way that if there is no magic bullet, there is no fast track to wealth. It’s a slow and steady progress towards wealth.
And it’s important that you don’t get sidetracked by shiny objects who try to tell you otherwise.
So I hope you found this really useful please like or share our video. And if anything resonated with you please get in touch. Otherwise, I look forward to connecting with you next time.
Salena Kulkarni, signing off.
P.S. – Whenever you’re ready, here are 4 ways I can help you create more money, more time and more freedom through your property investing:
1. Grab a free copy of my Report
It’s the roadmap to getting off on the right foot as a property investor and to give you the best chance of amplifying your wealth – click here.
2. Join my free online workshop
It covers new insights into property investing that you may not have considered before. Learn about how professional investors are leaving the majority of investors behind and why – click here
3. Join my upcoming Implementation Program
I am pulling together a new coaching case study group at Phoenix next month….stay tuned for details. If you’d like to work with me on amplifying your property investing results and you’d like to build your own personalised property investment strategy….just reply to this message and put “case study” in the subject line.
4. Work with me and my team privately
If you’d like to work directly with me and my team to take you to a seven figure net asset base….just reply to this message and put “private” in the subject line….tell me a little about yourself and what you’d like to work on together and I’ll get back to you.
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