Decide between capital growth and rental yield by identifying two things: what's holding your portfolio back most, and what opportunity you're missing. Align your strategy to fix the brake and exploit the gap.
One great question I just got from my Wealth Dojo community is this: How can I determine whether to focus on capital growth or rental yield for my portfolio? There's 2 things you've got to consider when you get to choose which area that you're going to focus on. The first thing that you have to consider is what is the biggest limiting factor in your portfolio? What is the thing that's going to hold your portfolio back more than anything else? Because that limiting factor is going to become the of brakes within your portfolio that if you don't manage it, if you don't mitigate against it, it's going to be the very thing that's going to hold you back. The next big thing you need to ask a question about is where is your greatest opportunity? If you were to look at your portfolio right now and your wealth system that you're developing, where is the greatest opportunity in your situation that if you were to focus on that and you could grab that opportunity and maximize it, that's going to help you create quantum leaps within your portfolio? So what's your limiting factor? What's your greatest opportunity that you're not currently tapping into?
