Should property be your biggest investment?
August 14, 2026
The conclusion of Provident on “Should property be your biggest investment?” is: Not necessarily, and probably not for most investors for investment property rather than the home you live in.
My two-cents on property investment
Note that Provident is a fee-only wealth advisory firm. It is understandable why it advocates diversified portfolios in asset, sector and geography.
However, as a retail investor who retired early, my main focus is protecting my wealth while maintaining reasonable return and value appreciation for existing assets. At this stage, I am not so interested in diversification in case it becomes diworsification.
Personally, I earned my first pot of gold from properties between 2002 and 2011. Allow me to share my two-cent worth on the question “Should property be your biggest investment?”.
1. Past performance doesn’t guarantee future results
Since 1965, Singapore’s economy has experienced exploding growth. Coupled with easy financing, housing prices have multiplied many times in the last 60 years. However, we could no longer go back to the days with double digit GDP growth and 5.85 total fertility rate.
The factors highlighted by Provident are all valid. When the future is uncertain, the risk is high if property is the biggest (and illiquid) investment. Too many times we forgot what goes up... read more