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According to chief market strategist at CMC Markets and host of The Artful Trader podcast Michael McCarthy, there are certain investor personality traits that seem to predict success in the share market.

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In this episode of the nestegg Podcast, Michael joins host Grace Ormsby to outline exactly what these characteristics are, the difference between high-risk and low-risk appetites, and how investors can apply different strategies depending on their own personality type.

Michael also explains how fear can be both helpful and a hindrance for confident decision-making, why failure is a crucial process for investors seeking growth, and where budding investors can begin educating themselves about the markets.

Thanks Matthew, for sharing your insights with the nestegg podcast team!

You can keep up to date with what CMC Markets are up to HERE

Have an investment story to share? Get in touch at [email protected] and you might get featured on the next episode.

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Why property investors should ignore common consensus

By Cameron Micallef · February 14 2020

Reading:

Invest

Why property investors should ignore common consensus

By Cameron Micallef
February 14 2020

Reading:

Why property investors should ignore common consensus

By Cameron Micallef · February 14 2020

Reading:

Property investors should ignore the common consensus and focus on fundamentals if they want to achieve the greatest returns, an industry expert has advised.

The focus of Australia’s property market being on the capital cities because of “higher growth” has been labelled “complete BS”, with regional towns outperforming their capitals.

Analysis from Propertyology head of research Simon Pressley showed that investors priced out of the capital cities could use their savings to buy a regional cash flow positive property.

He said the best-performing locations have an entry price of around $400,000 and a rental yield of 5 per cent.

“So, even with a deposit as small as 10 per cent, the income from the rent covers the entire annual expense associated with owning the investment property.”

The property investor highlighted that investors should not be focusing on the name of the city, but looking at the fundamentals.

“Imagine if one had the foresight three to five years ago to ignore the consensus and instead follow what the fundamentals were saying,” Mr Pressley said.

The property guru believes investors need to learn from past mistakes and not follow the herd if they want to achieve maximum results.

“Ignore the consensus, don’t confuse ‘reading’ with research, and learn what really drives property markets. The best-performed locations for the next three years probably aren’t being mentioned by today’s consensus,” Mr Pressley concluded.

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About the author

Cameron Micallef

Cameron is a journalist for Momentum Media's nestegg and Smart Property Investment. He enjoys giving Aussies practical financial tips and tricks to help grow their wealth and achieve financial independence. As a self-confessed finance nerd, Cameron enjoys chatting with industry experts and commentators to leverage their insights to grow your portfolio.