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Property Investment in Florida

Posted by on Jun 22, 2014 in Blog, Featured, Portfolio | Comments Off on Property Investment in Florida

Property Investment in Florida

The Florida real-estate market has had its share of ups and downs, however, at the moment is one of the most important, vibrant and powerful ones in the United States. The pre-crises boom saw a large number of condominiums and apartment buildings being built. Investors actually had to participate in lotteries in order to get a chance to buy an apartment. Prices were soaring; however, to the dismay of many investors the market collapsed leaving them with expensive apartments and no buyers. Any attempt to sell their property would lead to a seriously negative balance for a long period of time. Today the market has changed completely and an investment in Florida condos can be one of the best choices to make nowadays. Even with a minimum investment, apartments and condos can bring in a steady cash flow or a good profit when reselling. To put things in perspective, units that used to cost around the $150,000 mark pre-conversion and sold at the height of the market at $225,000 can now be purchased at $85,000. They are generally situated in good neighborhoods and can bring a steady income of over $1,000 when renting. Beachfront property has also dropped in value and can be purchased at a steal. Depending on the area a large beachfront apartment can be anywhere between $235,000 and $375,000. This is an almost 50 percent reduction from the height of the market when $750,000 was considered a fair price. While condos are sometimes ignored by investors due to having to deal with associations, a careful investor can avoid this problem by purchasing condos in association that are run by other investors. If the environment is right, investing in a condo can prove to be a great choice, particularly as it is easy to manage and leaves you little to do with the exterior of the building being handled by the association. Here are some tips to ensure a good investment in the rich Florida market: Always choose property in a desirable, vibrant market. This can include beachfront property and downtown areas as well as recently reconverted parts of the city. There are numerous deals out there. When a building is converted look for more than a fresh paintjob. Structure improvements, roofing if needed and new appliances are more important. Make sure the association or other legal problems don’t prevent your new property from being rented or modified. Try to be involved in the association – this is a sure way of having control over your investment and it keeps you...

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3 Really Bad Investment Ideas

Posted by on Jun 10, 2014 in Blog, Featured, Portfolio | Comments Off on 3 Really Bad Investment Ideas

3 Really Bad Investment Ideas

Investment can be extremely tricky sometimes, especially for inexperienced people but even some of those who are most experienced will find it to be quite challenging at times. With all types of investment opportunities people are left questioning what is best for their future and whether they should try the newest fad or not. Despite all the careful planning and strategy you will find yourself to be overwhelmed by the investment opportunities that can be found out there. The following are just some of the investment decisions experts consider to be extremely risky. If you were thinking of giving them a try you should always proceed with great caution as they might involve more loss than you expected: Commodity speculation – this type of investment is very risky because you will be faced with events that you cannot possibly predict. Commodity speculation seems to involve a very easy strategy: you buy the commodities and sell them when their need increases. Although it seems simple it can end up to be disastrous because of the potential risk. Binary Options – Binary Options trading have been the new fad and just like a fad they are starting to fade. What Binary Options offer is a simple style of trading; basically you have a call and a put option that you choose for a certain asset and predict whether the asset is going to go up or down. It promises high returns and if that doesn’t seem like a red flag perhaps the exotic Binary Options might seem like it: Binary Options pairs where you can make a comparison between two assets or the One Touch option where people can predict whether a certain asset will reach or surpass a predetermined level.  Binary Option might work for some but many of the companies that offer them are scams. They give the user the illusion of predicting when in fact the whole process is more like gambling. Collectibles – Before you frown you should know that collectibles are a great investment, if you are into them and have some knowledge when it comes to the general concept. But for those who want to invest in them just for the profit, they are a really bad idea. The problem is that if you are not interested in whatever you are investing you won’t know its true value and you might end up losing a lot of money as you might undersell or pay too much for a certain...

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Retirement Planning

Posted by on Jun 5, 2014 in Blog, Featured, Portfolio | Comments Off on Retirement Planning

Retirement Planning

Retiring nowadays is usually a very difficult situation, there is no more stability and the benefits are not great. People have to rely on their work and savings rather than Social Security benefits and employer provided pensions. If you are looking to retire in the next 10 to 15 years you will have to look at the opportunities you have. In order to control your finances you will need to make sure that you have a backup plan and information about how money is spent. Besides that, pension funds might seem to be a great idea especially since they can grow a lot in 10-15 years. There are, of course, different types of pension funds such as opened or closed pension funds. Certain companies have closed pension funds that may be limited to certain individuals such as the employees while other types of closed pension funds are the individual ones. You can choose to invest into private funds that will manage your account. For example, your pension fund can be used to invest in various companies that might bring you a great profit over the years; the advantage is that you can choose where to invest your money which means investing in any sector that might interest you. But like any other investment, you will have to be aware of the risks that come with investing in certain sectors. There are other ways through which you can secure your future. Those who are too young to think about retirement should at least make sure that they clear any debt they have and start saving up money as much as they can. Even if that money will be used for purchases or vacations at least you will not accumulate any sort of debt in the future. For those who are now in their 40s, saving should already have started and they should think of various ways in which they can easily invest their money to gain more profit until they chose to retire. Trust funds or bonds are a great way to make sure that your money will have small but steady growth over the years. Don’t forget to reevaluate your pension plan and where your money is going from time to time and create a more diversified portfolio. Getting involved in the process will get you a lot more benefit than you think because you can make adjustments if you consider that your investment is not going in the right...

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Real Estate Abroad

Posted by on May 30, 2014 in Blog, Featured, Portfolio | Comments Off on Real Estate Abroad

Real Estate Abroad

Buying real estate in the right places has always been a great strategy for good investment. However, the most important aspect is making sure that you choose the right country to make that purchase. Unfortunately, investing in real estate is not like investing in other assets as real estate is pretty tricky as it is very high maintenance. You just don’t forget about your real estate after you buy it, you need to visit the property, maintain it and even improve it. Also, you might need to fix a few things if the property is older. But there are also a lot of benefits to this, benefits you probably didn’t even think about. Some locations are better investments than others – there are some surprising locations that can give you great returns for your investments. Thailand is one as it doesn’t only offer cheap properties but also its amazing views and picturesque attractions. Thailand along with the countries like Indonesia or Malaysia offer that exotic and beautiful surrounding you always dreamed about when thinking about the perfect house. There is also another type of picturesque real estate in places such as the French Riviera or Tuscany, however, it is incredibly expensive and difficult to maintain. Thailand and other Asian countries offer that raw and extremely beautiful element with affordable prices and a more vibrant market. Early Retirement – owning property in a less developed country or a country with a slow economy offers some advantages such as early retirement and extremely low cost of living. Not to mention other perks such as meeting interesting people, gaining new experiences and immersing yourself into another culture. Also, if you plan on getting residency in that particular country, owning real estate there can qualify you for a residency visa. You have to check the local legislature, but even if that’s not available, owning land or real estate can give you a great advantage if you ever decide to get a visa. A diverse portfolio – if you are a real estate investor you might think that properties scattered around the US might be a good way to diversify but you are still making the mistake of investing in the same market. If the US property market goes down, so are your properties and by investing abroad you can do some risk management. Reduce Travel Costs – If you pay taxes in the US you will be glad to find out that visiting and managing an investment property can be deductible from your tax. It’s a great way to reduce the travel cost especially if the property is high...

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Long Term Investments

Posted by on May 25, 2014 in Blog, Featured, Portfolio | 0 comments

Long Term Investments

Long term investment is something that is usually overlooked as most inexperienced investors and those interested in the field are always searching for ways to make money now. However, all experts agree that long term investments are a great solution to make sure that you have steady profits. Needless to say, long term investment also requires a lot of management so make sure that you make the necessary changes as you go. Here are some tips to improve your long term investments and secure that steady profit over the years. When it doesn’t work, sell it – There are times when a certain asset seems to be hopeless. Steady decline means one thing: it will continue to decline until it will become unusable so make sure that you cut your loses early, even when you are emotionally tied to that asset. One rule is to make sure that you always review the investments you make and sell the ones that haven’t brought you any profit recently.  Avoid the trends – there are trends in any aspect of your life, including investment so make sure that you will ignore them. Trends are bad news for any respectable investor as they can easily break your carefully constructed portfolio. Even if that hot tip comes from a person you trust you shouldn’t follow it because high returns lead to bad investment decisions in the long run. Do a lot of research – before you decide to invest in a company make sure that you do your research. You can find a lot of resources online and see whether that company is worth investing in or not. Never invest blindly in something just because it appears to be a good solution. Reinvest your profit – you won’t make a good profit if you don’t invest more so make sure that some of the profit you gain you can be reinvest. This way you can work on diversifying your portfolio and buying more assets that will bring you more profit in the future. Revise your portfolio regularly – a lot of investors believe that once they made a decision they should stick with that asset or with that combination of assets forever. Actually you have to revise and reorganize your portfolio while trying new strategies regularly at least until you find something that suits your needs. Creating a great portfolio takes time and you should make sure that you invest both time and money when trading, otherwise the profits will never be...

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Investment Diversity

Posted by on May 20, 2014 in Blog, Featured, Portfolio | 0 comments

Investment Diversity

When it comes to investing experts agree that the number one rule is to make sure that your portfolio is diverse enough. A lot of inexperienced traders believe that they should only be investing in one direction, usually a type of asset that is known for growing. However, doing that means that you will probably end up taking a major risk because you have absolutely no coverage if the price of your assets will fall. But what is diversification and why is it so important? Diversification is known as a method of reducing overall risk by choosing a wide variety of assets. Obviously your assets will not rise or fall at the same time if they are extremely different because a certain event cannot influence their entire outcome. Some investors go all the way and make sure that they have an incredibly diversified portfolio while others prefer to invest into certain areas and diversify their portfolio to some extent. Diversification is the most important strategy an investor has because it can make the difference between losing a great deal of money and maintaining a general amount of profit.  Every effort you make towards diversification will improve the outcome of your profit but creating a well balanced portfolio is considered to be an art form. Actually a diverse portfolio has helped investors to overcome the crisis because they managed to cut some of the losses by compensating with assets that weren’t affected by the weak economy. If you don’t want to work and improve your portfolio by yourself there is a way to make sure that you diversify, specifically, you can purchase shares in a mutual fund. A mutual fund consists of several investors who buy different stocks, bonds and other cash equivalents.  This pretty much keeps you covered and you won’t have to worry about the types of investments you make as well as lower costs and fees. If you want to adjust your investment portfolio by yourself you will need to make sure that you review it regularly. Keeping a strong, diversified portfolio doesn’t mean that you simply have to forget about it. Don’t be afraid of change, sometimes you might need to change your strategy and other times you might even change your goals and sell assets you are attached to. Making sure that you analyze your decisions and end up adjusting your portfolio the right way is what makes the difference between an amateur and a professional...

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