Read This When You Want To Make Money Via Investing

Real estate investing has a lit of similarities with other asset classes. People think that when prices go down, the market is shot but when prices are high, there is euphoria and everyone has FOMO. True investors make money whether the market goes up or goes down.

If you’ve been watching the financial news lately then you know that crypto is down.

The stock market too.

Some would say it’s a blood bath….

Crypto skeptics are having their heyday.

People that think the stock market is a gamble are pointing fingers.

Makes sense. In the short term it looks like they are right.

But true investors?

True investors know that the market (any market) gives certain entry points and you have to know what to do when the “go signal” gets flagged.

Investing is like being a trained sniper regardless of the asset class. Here’s why:

It requires patience.

Rushing into a deal or an investment is never a good idea. Basically it’s the embodiment of the saying that a fool and his money will soon part.

To be a prudent investor, your role is to analyze the market then wait for the idea entry to present itself. When you chase a deal or chase a trade that’s when you lose money.

If the ideal entry point passed then either wait for it to come again or re-evaluate if the investment still makes sense for you at the higher entry point.

A knowledge mix of fundamentals and technical.

Technical analysis is understanding the numbers for an investment. Fundamental analysis is understanding why the numbers are what they are and being able to craft a narrative.

Good investors need both.

Technical analysis is easy. It’s surface level. There are a ton of free investing spreadsheets all over the internet dedicated to whatever asset class you can imagine.

Fundamental analysis is different because it requires a longer term perspective and ability to interpret what the numbers are telling you.

AND having confidence in your convictions to take action.

Confidence is the secret to most things and getting your way in life. Getting confirmation of your desired from getting your way begets more confidence.

In the investing world, confidence looks like trusting your analysis and investing according to your convictions — even when the market doesn’t look like your analysis isn’t correct.

So, how do you gain that confidence, you ask?

Simple. By having a strong framework to follow.

Let’s face it, there’s so much that goes into investing and purchasing a profitable real estate investment property that it can be overwhelming! Most people don’t even know where to start.

The good news is that you can shortcut the system by learning from expert investors and traders.