Toronto Real Estate and Morningside Heights, Markham Boxgrove Housing Updates Jas Jagpal: Fear Factor

Having read many "inspirational, personal improvement" books, I knew many years ago that FEAR is a burden that everyone carries and it really controls our lives. In Real Estate you get to see this play out in the decisions people make to buy, sell and invest.

Over the past few days I've had the opportunity to talk to a few different buyers interested in Real Estate. The first person, a young first time home buyer wanting to invest in a pre-construction condo but very afraid of taking the first step. She had many questions (this is important)... unless you ask and get the answers to your question, you can't REASON with your fear. She beat out her fear and bought the investment.

Today I had the pleasure of talking to a working couple with three kids. Couragiously they made a decision two years ago to invest in a Centro Condo at Scarborough Town Centre. It was amazing to hear her story and how difficult it was for them to save with so many expenses and taxes, but despite that, they used one of the secrets of investing, their line of credit to purchase their Condo. I can't wait to see their reaction when they sell their $220K suite in March 2011 for around $270. Someone who was struggling to save money will have conservatively $30K in their savings account. That will surely help them when they send their kids to university. But I know better - they'll be itching to make their next investment... you just can't stop at one.

Fear holds us back in every aspect of our lives. People dread picking up the phone and calling someone. What will they say? What will they think?

Or we make excuses. I can't do this. I can't do that. I'm not smart enough. I don't have a college education. I'm too old. I don't have enough money. I'm not ready yet. I don't know anything about investing. Only if I knew what to do... and so on.

Our excuses are just projecting to the world our FEAR and we're usually not even aware of it.

I've learned that when we start "doing" what we fear... our fear starts to disappear. Unfortunately FEAR has taken control of our lives. We buy, drink, eat, sleep and even socialize in fear.

How do we achieve that dream we've always been dreaming? For starters, we better START taking tiny steps, each day to confront our fears and move towards what we want. Without effort, nothing is gained. Without risk, there is no reward.

So challenge yourself, whatever your FEAR is and take action right now and do what it is that you FEAR.

Have a question? E-mail jas and he'll blog it if it is a good one.

Jas Jagpal,BSc. York University Sales Representative
E: jasjagpal@rogers.com Cell: 647-272-6629 W: www.JasJagpal.com

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