The Most Applied Strategies in Real Estate and Stock Market Investing
When I think about the importance of strategies or techniques, whatever you want to call them, it makes me recall an important lesson in my life. It was when I finally decided and took it to heart that I want to become a real estate agent and investor.
When I was starting, I was curious about how others are able to get clients and convince them to buy a property without really having to do so much sales talk. I’d say, it was a highly analytical move because I was researching about it and talking to some of my colleagues who are performing well – closing deals here and there, hitting their quota, getting big commissions, and of course, earning more.
I worked hard and maintained a positive outlook. I learned to be very patient and articulate. Overall, I was a responsible and trustworthy real estate broker. But, I knew something was missing. No matter how hard I try, I wasn’t able to achieve the kind of success that others were enjoying. One day, I reflected deeply, pondered, and I realized, what was lacking was what they call, strategy. I was missing the system, the concrete plan.
I want to bring awareness and help others succeed in real estate and stock market investing too, and so, I am producing this blog post. Use this to your advantage and work hard.
Real Estate Investment Strategies
An Action Plan
Consider the “what if’s”. What if you buy a house and lot in Baguio City, a condominium unit, or an apartment, and sell it, but then it takes so much time before you find the right buyer. What if you intend to make that house or condo unit in Baguio your residence but something happened and you need to sell it. What if you like to make that house and lot a family vacation property but it will take you years to go back and enjoy yourselves there. Your action plan should include all the possibilities in your life in relation to your investment. But this ultimately depends on your purpose of real estate investment, whether for business, personal use, and others.
If you want to catch big fishes, it is very important that you connect and build relationships in many established and sought after investors’ clubs or organisations. Once you get in and meet the members, you will not only be provided with expert investment guidance but also a lot of sure leads, sure buyers, and sure investors. You’ll be glad you did.
Protect Your Portfolio
What will affect your portfolio or your property? Protect them from potential losses. How? This is where the famous saying applies – “Plan for the best and prepare for the worst.” You must have money set aside for whatever that might affect your real estate investment so you can recover fast when it happens.
Stock Market Investment Strategies
Do not just rely in one type of investment. Say, you have an online stock trading account now with established and highly reputable companies like COL Financial. You must also invest in mutual funds, real estate, and others. Spread your money in at least 3 forms of investment. This is the most effective way to grow your money.
Alert at All Times
Remember that the stock market is a volatile investment so it requires attention and careful study. Let’s say you’ve chosen to apply the Strategic Averaging Method or SAM. Since this method does not really require so much time and effort, it doesn’t mean that you neglect caring about the current market trend. It’s not just about investing regularly; it’s also about being aware and alert.
As they say, consistency is the key. You have to be very consistent with the method you’ve chosen. Be responsible with your action. If you use Strategic Averaging Method by the Truly Rich Club, founded by Bo Sanchez (the author of the best-seller book “My Maid Invests in the Stock Market”), take time to read and understand the stocks update, the SAM table, and more. Just be consistent with everything. Do what you’re required to do.
Congratulations! You are on your way to becoming a successful real estate and stock market investor now! Here are some more helpful articles:
· How to Earn More When Investing in Stocks and Real Estate? · How to Start Investing in Stock Market and Real Estate? · How Can You Earn from Investing in Real Estate and Stock Market? Why Invest in Stock Market and Real Estate?