Don’t Be Fooled by Social Media
As most people may (or may not) be aware, social media doesn’t always turn out to be what it is. We really do hope that doesn’t shock you. Social media is a place where people go to create exaggerated and sometimes completely non-existent versions of themselves, personas they wish they were, lifestyles they wish they had.
Now, let’s be honest, at some point we’ve all seen something online that we wish we had, whether it’s a brand-new Gucci belt or those red bottom Louboutin heels. We often see this from people who are self-proclaimed “property coaches”. We use that term very loosely, purely because there are people who post photos and videos of their over-the-top lifestyles and claim that they have invested their money in the right places, and they now want to help you do the same.
If you’ve come across a motivational video of a guy preaching that you will become a millionaire if you listen to him, we want to stop you right there. That is all fake. People who claim to drive expensive cars, travel to luxurious destinations, and post occasional photos of themselves dining at 5-star restaurants are the people who will mislead you and eventually reduce your self confidence in property investing once you see that in fact it doesn’t take 1 week to become rich.
Unfortunately, many innocent and vulnerable Australians doing it tough have fallen victim to these fake and misleading predators. They will show off their cars, boats and handbags in an effort to lure you in, take your money and then leave you out to dry. And once you realise that you’ve been tricked, you wish you had taken the long-term, reliable and proven route instead.
When starting out your property investment journey, you want to ensure you are dealing with a credible property coach or property investment advisor, who has a positive and proven track record of success. What you will notice with the social media show ponies is that if you go to their page, they don’t have as many followers as you thought, and they certainly don’t have any reviews or recommendations, which is an extremely important aspect when deciding where to invest your money.
If it looks too good to be true, reality is, it probably is. Exercise extreme caution regarding information provided in posts on your wall, tweets, direct messages, e-mails, or other communications that solicit an investment or provide information if you do not personally know the sender, even if you may have a mutual connection.
Your Chosen Property Investment Advisors in Melbourne
At Logic Partners, that’s exactly what we are here for. We are here to hold your hand, and not just guide you, but walk the journey right beside you. Our talented team of property investors will formulate a program and plan that will steer you in the right direction towards your financial goals, no matter how big or small.
Investing in property is not about getting rich quick. It’s not going to make you a millionaire overnight, and it usually takes around 15 years to see a great return on investment, but patience is virtue, and good things take time. That’s why now is the time to take a step towards having a secure financial future.
We do not only provide you with advice and guidance to build a solid property portfolio, we create financial security and freedom for your retirement. One thing we preach at Logic Partners is ‘Stay in your lane’. This means you focus on your own growth and financial success without the distractions of things such as social media or get-rich-quick schemes.
What we see online these days is people comparing their lives, social status and wealth to influencers. What you’re seeing online may well and truly cloud your judgement. One important thing all investors must remember is your own financial journey and having a clear image of your own goals. Don’t be distracted by what you see online. Think about the amount of times those same people have posted about having not-so-great days, and actual real-life problems, that’s right, none. That is purely to elude you, and hundreds, maybe thousands of other people about how great their lives are, how rich they are and how you can grab a slice of it too.
Great Things Take Time
Success takes time, consistency and patience. When you make the right financial decisions, you will see that the patience really pays off. While we do wish it was just a one size fits all approach, and one way to be successful, it really varies person to person. What might be the best solution for you might not be for the next person, that’s why we create a bespoke financial plan for each of our clients, as we know that no two people are ever the same.
At the end of the day, all the fakes and fraudsters on the internet will inevitably be exposed, and they will have to suffer the consequences of projecting a dishonest image of their wealth.
During this unprecedented financial crisis, we have heard so many sad stories of many Australians doing it tough and we feel that we need to be helping more Australians put financial plans in place so that they can protect themselves and their families.
As a consumer, you know you want to be getting the most out of your money. When selecting a service, you want to ensure you are either recommended by a family or friend or can see their reputable history and proven track record. It is much the same when deciding on a property investment advisor. Investing in property is probably going to sound like a daunting thing to do and may be overwhelming. That’s why you need to enlist the help of Logic Partners to be right by your side as you embark on your journey to financial freedom.
The information on this post/video is of a general nature. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions.