In this enlightening episode of Confessions of a Property Investor, hosts Catherine Andrews and Michelle White tackle the topic of emotional decision-making in property investment. Join Catherine, managing director of Chase Wealth Australia, and Michelle, director of qualifications and senior executive, as they delve into whether investors should truly remove emotion when selecting properties for their investment portfolios.
Michelle shares her experiences as the first point of contact for potential investors, discussing how emotions often drive initial investment decisions. The episode explores common misconceptions about property types, locations, and price points that are influenced by media and personal anecdotes. Catherine and Michelle emphasize the importance of making logical, data-driven decisions rather than letting emotions dictate investments.
Listeners will gain valuable insights on how to balance emotional and logical factors when choosing investment properties, understanding that while some emotion is inevitable, it should not overshadow the critical numerical and market analysis. Tune in to learn how to make more informed investment decisions and avoid the pitfalls of emotional investing.
