What is investment? Why are so many people so much into it these days? Why does every other businessman/investor invest into something or the other?
What makes investment so popular, or rather, so reliable that people are ready to invest their lifetime earnings into pet projects or every other news article that they come across related to investments without realizing that one false move can prove fatal to them and reduce them to penury?
These are some hard bound questions that many people find it difficult to answer. Its a known fact that everybody wants to be financially well off and settled in life without any worries or the need to ask/beg or depend on others for survival.
The problem with mankind in general is that no matter how much he is earning, whether more or less, whether he/she is a relatively well settled middle class person it just doesn’t seem enough (not to him anyway).
Its not enough for him that his bank balance is overflowing with riches, he is living in the biggest mansion in town, having the costliest of cars, an army of servants at his disposal to do his bidding.
It just doesn’t strike him that he has so much that not only him, but the coming 5-6 generations of his clan don’t need to do anything to survive. No, he wants money and more money and prepared to go to any lengths to achieve his goal.
Investment is considered the safest and most popular foolproof method to do so that although has its fair share of risks and shortcomings, it is generally perceived to be not so damaging to the business but its well worth spending a small fortune from your savings for fruitful benefits. In short, short term pain is a welcome prospect in return for long term gains.
Now, we come to the term real estate investment. It simply means investing into projects that are concerned to buildings and infrastructures. While it can be said that you can play safe by investing into tried and tested projects of which others have reaped benefits, and quite successfully at that, it cannot be said for certain that the same holds true for you as well.
In fact, there have been many occasions that people who have invested into older projects have not always come out with monetary gains, but many have been rendered almost penniless because of the simple fact that they failed to study the market.
When it comes to real estate investment, it is all the more difficult to do so as the market prices have sky rocketed in the current times and it is not always a safe bet to invest into it.
Investing in real estate is closely connected to creativity and innovation, which also involves possessing a razor sharp mind and common sense in abundance to do so as it can prove to be a lot of help when it comes to such matters.
Your keen investment sense decides how successful of a businessman you are as you put your thoughts on paper and devise a plan to chain your thoughts together. Finally, you put your plan into action and implement the way you strategized about it and it is this point that will judge your business skills on whether you reap profits or fall prey to losses.
So, today we are going to talk about some new investment strategies for new and budding investors. But before that, its important to mention about Ola Executive Condominium or Ola EC as it is an important upcoming firm for real estate and is based in Singapore.
Investment strategies are as follows:
- Planning: It means that you need to devise your strategy in a predetermined fashion by threading your train of thoughts into a chain and implement it in an organized manner.
- To know about risks: You need to be well aware of what you are investing into as risk and business investment go hand in hand and blindly just investing your skills and energy without analyzing potential pitfalls and setbacks is an extremely foolish thing to do.
- Decision making: You will need to make the right decisions at the right time as new investors are generally apprehensive of taking a decision on their own and often rely on advisors, who have their own selfish agendas and not always reliable in such matters.