Those who achieve great things are the ones willing to be scared but not scared off – Richard Branson

Humans have only two innate fears; falling and loud sounds. Our other fears are remnants of the evolutionary process or products of nurture. You should find that liberating – what we learn can, in theory, be unlearned. While that is likely easier said than done, at days end we must decide between the same two options when it comes to our fears:

  1. Hide
  2. Confront it

The longer you hide, the more daunting your fears seem and the more exhausted you get. The fleeting discomfort you feel when you confront your fears is a lighter weight to bear than the regret of falling short of your potential.

When it comes to property investment, fear seems to abound. Between lending changes, unbalanced commentary and conflicting information, the decision-making process has only been made more difficult. The reality is, Australian property prices, particularly in our capital cities, have been resilient to market volatility. Between 1970 and 2016, yearly prices declined only two times in Brisbane (once every 23 years), four times in Sydney (once every 12 years) and six times in Melbourne (once every eight years). What we perceive to be a rule is often the exception. The result is our assessment of risk places too much weight on low probability events.

That doesn’t mean you should take undue risks. What it does mean is that you should get informed, understand the risks and learn ways to mitigate them.

The only thing to fear? Perpetual inaction.