Creating a sound investment strategy is not always the most simple of
tasks to accomplish. There are a number of well-established factors, as
well as even more unique factors from your own point of view, that must
be considered and addressed in order to properly determine your best
strategy for investing. Given that each investor has unique needs and
desired outcomes, there is no such thing as a one-size-fits-all
strategy. What works for someone else may not match up to your desired
return outcomes and long-term goals. For instance, if earning a steady profit from your investments
is the strategy for investing you have chosen, then you must make sure
to seek-out opportunities that pay out dividends or "for-use" fees on
your investment. This usually involves finding income producing assets that have a proven to provide a dividend or similar payout.
One
of the proven ways of doing this is to create (what I call) a "matrix"
on a spreadsheet. Doing this will illustrate your goals, identify your
risk tolerance, and clearly define the desired outcome you expect from
your investments. To begin, write out the return you expect on a piece
of paper. Also include which of the common risk factors are of concern to you and the types of investing opportunities you are looking for. Then, begin conducting in-depth research
to uncover investment types that have already demonstrated that they
can meet/exceed your needs. Once again, if earning a steady profit is
your goal, you are going to want to find asset purchases that are used
regularly, and that usage is paid for. This includes investments like
real estate (apartments, income properties or rental units), container investments
(rental/lease fees) and others. Depending on how your matrix is
established, you may have a lot of cash to invest, and therefore are
more apt to try real estate investments; or perhaps instead you have
chosen a steady return strategy as your preferred criteria. If this is
the case, then the advantages of shipping container investing should certainly be considered.
When
weighing your options, it is paramount that you stick closely to the
investment plan that you have created (above) and only select the
opportunities that meet its criteria. When necessary, find investor reviews
that can help to address any underlying concerns and increase your
confidence. With this in mind, I cannot begin to tell you how important
it is to take the time to set the record straight about investments and investing returns, especially if you intend to make an educated decision about your financial future.
No comments:
Post a Comment