Are you a reluctant investor?
I recently came across this poem of investment woe by Don Weill, who apparently penned it back in 1977. So much of it rang true for some of the investors I speak to in my line of work, even here in 2016, that I felt compelled to share it on my blog. It’s a shortened version but nonetheless very identifiable to a great many would-be investors and home buyers out there who still haven’t taken the plunge…. I think the message is pretty clear!
I hesitate to make a list
Of opportunities I have missed
Investments that were in my grip
I watch them through my fingers slip
Prime properties I should have bought
Were lost because of over-thought
I thought of this and I thought of that
I could have sworn I smelled a rat
And while I thought things over twice
Another grabbed them at the price
It always seems I hesitate
Then make my mind up much too late
A very cautious person am I
And that is why I never buy
I chose to think and as I thought
They bought the house I should have bought!
The golden chances I had then
Are lost and will never ever come again
Today I cannot be enticed
For everything’s so overpriced
The deals of yesteryear are dead,
The market’s soft and so’s my head!
At times a teardrop drowns my eye
I had the chance, but did not buy,
And now life’s saddest words I pen
If only I’d decided then