N
nikhilmehta
Banned
real estate is not the stock market. you can't expect to play it for short term profits. you should always be prepared for the deal. Many people buy as a direct result of knee jerk reactions to all the bad news they hear. That's the natural thing to do when sources around you are pushing nothing but volatile pieces of news. But a wise investor needs to be objective and dispassionate in their decision. The best way to achieve objectivity is to collect as much information as possible. Every investor needs a systematic and disciplined approach to the investment process and must act in keeping with a grand plan of events. you need to keep your risks proportionate to your ability to absorb these risks. Make an investment only when you are financially capable of it. For instance, a person who is accumulating assets can take higher risks than, say, a retiree.
