In today’s podcast, Stuart Wemyss and I discuss the complexities of managing underperforming property investments, and how to decide when and if you should sell your property .

We explore everything from the emotional traps that can cloud our judgment to strategic considerations like tax implications and portfolio rebalancing.

Takeaways

Investing is a long-term journey, often taking decades to develop financial independence.
The quality of your asset is crucial for long-term returns.
Benchmarking performance relative to market conditions is essential.
Market cycles can significantly affect property values.
Recognising a poor investment is a brave but necessary step
Emotional decisions can cloud your judgment
Patience is key; sometimes waiting is the best strategy.
Tax implications should be considered when selling assets.
Holistic financial advice can optimise investment strategies.
Replacement assets can provide a strategic way to manage underperforming investments.
If you find yourself digging a hole, stop.
Sometimes the right thing to do is nothing.

Chapters

01:06 Understanding Underperforming Investments

10:42 The Importance of Patience in Investing

20:19 Evaluating Investment Decisions and Timing

28:09 Holistic Investment Strategies and Seeking Advice

28:14 Introduction to Wealth Retreat 2025

29:44 The Importance of Quick Decision Making in Property Investment

31:26 The Long Journey to Wealth

32:51 Building a Legacy of Wealth

33:38 Understanding Market Trends and Analysis

Links and Resources: 

Michael Yardney

Stuart Wemyss – Prosolution Private Clients

Stuart’s Book – Rules of the Lending Game & Investopoly

Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us

Join us at Wealth Retreat - Australia’s Premier Wealth Retreat for Elite Investors and Business People www.WealthRetreat.com.au

Get a bundle of free reports and eBooks – www.PodcastBonus.com.au

Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.

Dump or Double Down? Knowing When to Sell Your Underperforming Investment | Stuart Wemyss

Property Investment, Success & Money | The Michael Yardney Podcast