How NOT to buy a house or property in Share Market

Many articles will tell you how to buy a house or property, but I will tell you how NOT to buy a house or property.

Thia idea was given to me by someone. He bought his landed house 20 years ago, and nothing else. But for the past one year, he bought three properties.

Some of us follow him to see properties, and we always have negative things to say about the properties.

If you don't want to buy the property, the followings are the suggestions of what to complain:

Too small, nneighbourhood not good, ttraffic jam, developers are not well established, property market may be at peak now, and interest rate probably going up.

If you are renting out for investment, you can complain that afraid nobody rent. If nearby got college and easy to rent, you will complain that afraid the college will move to another location.

For old properties, you can complain that is old and  need a lot of money to renovate. If got toll then complain have to pay toll. Complain nearby no food stall, got people ride motorbike without helmet, afraid cannot afford to pay installment, commitment too high, lease hold, prefer landed, if landed then you say you prefer condo, security not tight etc etc. There are many many more.

He told me many people will just because of ONE reason, will stop buying. He said people just find reasons not to buy and will end up not buying. This was what happened to him for the past 20 years.

I will relate this to Bursa Malaysia share market. Many people are just giving excuses not to invest in Bursa Malaysia share market. Saying too risky, manipulate by government or speculators, no volume, economy not good, no money, what if the share price drop, etc etc.

In 2007, KLCI at 1300, my friend told me she will invest when the KLCI drop to 1000 points. But in 2008 the KLCI dropped to 850, she also didn't take any action.

Many of us find ONE excuse and not to invest in share market, rather than find ONE excuse to invest. EPF, unit trust, insurance company, top ten richest persons in Malaysia and the world also invest in share market.

Dear non-share market investtor, think about it, treat it as investment and business. Buy good fundamental and not speculative.

Please add my blog link to your blog.
http://politemarket.blogspot.com/


Thanks.