At the same time, you don’t want to make hasty decisions.
You want a balance between weighing information and taking action.
Ever heard the phrase, “that money is burning a hole in his pocket”?
Rushing into a property purchase because you’re afraid there won’t be another good deal can lead to grief down the line.
You also want to ensure you are seeing things in context so to avoid making irrational decisions. Author Steven Covey once said,
“ The major thing is to keep the major thing, the major thing.” Too often investors get caught up in small things and fail to see the big picture of their investing goals. That can lead to some ill-conceived and hasty decisions.”