From: Apprentice Millionaire
G'day all!
All this talk of recession, and people worrying. I learned one thing from this forum: it is more important to be in the market than try to time it!
My mortgage broker sent me the little poem I appended below. I don't know the author, but from a soon-no-longer-to-be-newbie (I am very close to getting my first IP!!!), it is a message to other newbies. Go for it guys!
Cheers
Apprentice Millionaire
(aka Jacques in the old forum)
"A Reluctant Investor's Lament"
I hesitate to make a list
Of opportunities I missed;
Investments that were in my grip
I watched them through my fingers slip
Prime properties I should have bought
Were lost because of over-thought;
I thought of this, I thought of that,
I could have sworn I smelled a rat,
And while I thought things over twice,
Another grabbed them at the price.
It seems I always hesitate,
Then make my mind up much too late.
A very cautious man am I,
And that is why I never buy.
I chose to think and as I thought,
They bought the house I should have bought!
The golden chances I had then
Are lost and will not come again.
Today I cannot be enticed
For everything's so overpriced.
the deals of yesteryear are dead;
The market's soft - and so's my head!
At times a teardrop drowns my eye
I had the chance, but did not buy;
And now life's saddest words I pen,
If only I'd decided then!
G'day all!
All this talk of recession, and people worrying. I learned one thing from this forum: it is more important to be in the market than try to time it!
My mortgage broker sent me the little poem I appended below. I don't know the author, but from a soon-no-longer-to-be-newbie (I am very close to getting my first IP!!!), it is a message to other newbies. Go for it guys!
Cheers
Apprentice Millionaire
(aka Jacques in the old forum)
"A Reluctant Investor's Lament"
I hesitate to make a list
Of opportunities I missed;
Investments that were in my grip
I watched them through my fingers slip
Prime properties I should have bought
Were lost because of over-thought;
I thought of this, I thought of that,
I could have sworn I smelled a rat,
And while I thought things over twice,
Another grabbed them at the price.
It seems I always hesitate,
Then make my mind up much too late.
A very cautious man am I,
And that is why I never buy.
I chose to think and as I thought,
They bought the house I should have bought!
The golden chances I had then
Are lost and will not come again.
Today I cannot be enticed
For everything's so overpriced.
the deals of yesteryear are dead;
The market's soft - and so's my head!
At times a teardrop drowns my eye
I had the chance, but did not buy;
And now life's saddest words I pen,
If only I'd decided then!
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