so I admit I read a lot of media articles and probably over think more then the average joe
the sensible side of me thinks I should soon sell some of my holdings even though they are neutral to cashflow positive, as I believe for some of them, they are at their peaks or close to their peaks. Also with record low rates, these neutral properties wont be so neutral after a rate rise or two
but the emotional and half sensible side of me thinks, they arent costing me anything so I should keep it. That being said, if I sell, there are selling costs and if do decide to buy again, then i have to pay for legals and stamp duty etc. etc. so essentially, its going to cost me more to get back in.
my next line of thought is, what happens if im wrong and there is another 50% cycle growth ie 9 oclock, if I sold, id be pretty annoyed, even if the market flattens at a latter stage
what do fellow SSers think?
the sensible side of me thinks I should soon sell some of my holdings even though they are neutral to cashflow positive, as I believe for some of them, they are at their peaks or close to their peaks. Also with record low rates, these neutral properties wont be so neutral after a rate rise or two
but the emotional and half sensible side of me thinks, they arent costing me anything so I should keep it. That being said, if I sell, there are selling costs and if do decide to buy again, then i have to pay for legals and stamp duty etc. etc. so essentially, its going to cost me more to get back in.
my next line of thought is, what happens if im wrong and there is another 50% cycle growth ie 9 oclock, if I sold, id be pretty annoyed, even if the market flattens at a latter stage
what do fellow SSers think?