In this episode, we discuss at what point you should take profits from your property portfolio. This is both in terms at what point in terms of your financial life, and then also in terms of the property cycle.
Our conclusion is that it's only right to take profits from your portfolio as a long term buy and hold investor once you are comfortably on track to hit your long term goals, otherwise you'll be making a sacrifice. And that you shouldn't sell a property until property prices have flatlined.
We also mention a few calculators and tools to see whether you are on track to hit your financial goals. For instance, usse this retirement calculator to see what your retirement gap is so you can start closing it. For a more indept view, use this MyRetirement calculator instead.
The Property Academy Podcast