![]() ![]() ![]() This is why we need to be a clever bird… Happy deciding whether early bird or late bird. Who are the early birds here? Actually, if we start now and then stop and look back 15 years later, we were the early birds too. No need to guess the years… I bought my first apartment for RM123,000. They bought their first semi-detached for less than half of that in Teluk Intan. My parents bought their semi-detached home in Ipoh for RM85,000. There are no LATE birds in property investment I will remember this phrase for a very long time if not forever thanks to my cheeky question and an equally cheeky answer. Variety and diversity makes the investment world such an interesting world. At the same time, if you prefer to have a good sleep instead and then later eat something else for breakfast, feel free to do so too. Please continue to be the early bird if you believe early bird catches the worm. Buying later? Well, still got the style lah but the price we pay would be lower because a new design may have arrived and the older design needs to be put into clearance sale to make space for new designs. Buying 6 months later will usually meant a lower price but perhaps by then it’s a very common model already, so no one would be so mesmerised with your new phone.īy the way, I do not need to talk about the outlet stores or warehouse sale… right? Yeah, buying earlier means you get to flaunt what you bought way earlier than everyone else. Come on, after 2 weeks, no one would bother about your new phone. ![]() However, buying earlier meant everyone thinks of the owner as a star… for a few days. What’s the difference between buying that latest handphone when it’s just launched versus buying it 6 months later? Specifications wise, it’s the same. By the way, that person who bought much earlier could have sold the stock when its price reached a very attractive return. Same company, just purchased at a different time for a different purpose. Buying later means one may be buying into a blue-chip with a stable dividend returns. Investing into an unknown stock may mean earning huge price appreciation if that stock happened to be a company which soon become a blue-chip. Buying later may enjoy a lower capital appreciation but would also a lower risk too since he is buying into a more mature neighbourhood which is now favoured by many. In other words, buying earlier may have higher returns but also higher risks too. The ones who bought a property earlier may enjoy capital appreciation if the project is a successful one while someone who bought much later may skip the risk of that township did not flourish. A good friend Ikhram Merican who calls himself a Properneur and writes at this famous blog: posted in his instagram this quote of ‘early bird gets the worm.’ I cheekily asked, “what happened to the late bird?” He answered almost instantly, ‘late bird gets a good sleep.’ WOW… what a perspective and it got me thinking and now, writing. We know the famous saying, ‘early bird gets the worm.’ It meant if we like to be the first to get the reward, we need to be the first to do it successfully. ![]()
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