Investment clock ‘ticks’ past property

investment/property/wealthwithin/dale-gillham/

10 August 2020
| By Chris Dastoor |
image
image
expand image

The investment clock has ‘ticked’ past property as an asset class, making it the time to gain exposure in that sector, according to Wealth Within.

Dale Gillham, Wealth Within chief analyst, said the stockmarket had been underperforming in many sectors and that represented better buying opportunities in property.

“Understanding when the right time to enter an asset is very important, as you want to gain a solid return from both income and capital gains,” Gillham said.

“That said, what is even more critical is knowing the right time to exit. In my experience, investors tend to hang onto poor performing asset classes or hang on way too long in the hope they will perform better.

“As [Warren] Buffett states, 'sell in boom and buy in doom', which means buy when assets are priced low and sell when they are high because this way you will avoid the ugly rollercoaster ride that the majority of investors endure.”

Gillham said the idea of an investment clock was to look for opportunities in asset classes that were underperforming and likely to move with the next phase of the clock.

“In short, you are looking to buy just before the asset begins to rise not after it has already risen,” Gillham said.

“Sadly, too many investors are indecisive when it comes to investing and jump from one investment to another hoping to get into the next best thing after it has already risen strongly.”

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago

TOP PERFORMING FUNDS