Successful Investing IV Nor Yeretsian

What makes you a successful investor ?

Only you can determine whether you are a success, because only you know if your requirements and objectives were satisfied.

Can you be satisfied ? If the definition of success is the fulfilment of a specific mission / objective ,

 then it follow that if the mission ( established goals of a planned action ) is achieved – you have success !  

You can not set as the objective ; Never is enough .

Have a Plan , know where you are going…Dream , Plan and finally ACT !    ( go out there and do it ! )

Be committed and Determined, make it a habit ; regularly invest even a small amount each week/month and watch it grow .

 Let the magic of compounding work in your favour.

Understand the relationship between Risk ( loss ) and Return ( profit ) .

Figure out your risk tolerance; What can you afford to lose ?

Buy Quality investments. A proven track record with stable returns over time.

Think about the Tax consequences of your investment strategies. Have a general tax awareness when investing and selling .

Letting your invest ride… re-invest dividends or earnings and watch them experience compounded growth for you.

Invest in what you know and understand and are comfortable with…

Momentum on your side, time on your side while keeping your ambition in check.

Be patient investing is long-term not overnight , but if results come quickly welcome them.

Keep it in perspective and stay with the plan on your road to success !

Let’s talk about your views , leave a comment below or Join us at www.yinvestthinktank.blogspot.com

Envoy Capitol Realty Inc., brokerage      Toronto  / Canada

Twitter : EnvoyCapRealty

Email : capitalmoves@gmail.com

Nor Yeretsian [ Facebook ]         December 5, 2010

Successful Investing III Nor Yeretsian

Understanding the fundamental nature of the business or company you are looking to invest in is very important and your ace in hand.

It will help you better understand and appreciate the financial statements ; the income statement and balance sheet of the company.

These are basic accounting, however if you know the industry really well – the numbers on the page(s) will be more meaningful to you.

You will be able to more quickly determine - see where there may be opportunities to improve the operation or whether the numbers

 are even real and complete ?

When you know the business, there is less probability they can cheat/con  you .  

In real estate investing its; location, location, location . Sounds simple .

Buy and hold forever, that piece of property – and one day, because your property is located in

 the pathways of development and progress – it will be extremely valuable … one day.

Maybe near or far into the future, you can’t lose with real estate , they say.

A colleague’s father did this exact thing . He purchased a 20 acre parcel of  what was zoned farmland

30 years ago and held it and finally one day, he sold it for what appears to be Big Money.

He achieved an average growth rate of  15.8% compounded annually over this 30 year period.

He practiced Buy and Hold , stuck to it  over this period.

 He paid realty taxes, insurance and cleaned the property from illegal dumping activity and held on to it.

His  successful investment strategy was to Hold on to it for 30 years .

This strategy – out performed ; mutual funds, the stock market, GICs, Bonds , Gold + Silver,

 and other real estate in poorer locations over this period .

He did not worry about the economy, or where interest rates where or what his adviser recommended week by week.

He kept it simple and easy.

Let’s discuss it leave a comment below or Join Us at www.yinvestthinktank.blogspot.com

Twitter : EnvoyCapRealty

Envoy Capitol Realty Inc., brokerage    Toronto / Canada

Email :  capitalmoves@gmail.com

Nor Yeretsian [ Facebook ]