Ank  Bohra

Ank Bohra

Sales Representative

Shrine Realty Brokerage Ltd.

Mobile:
(647) 766-0588
Office:
(647) 766-0588
Email Me

Smart Investing

SMART Investing entails making financial decisions based on the following guiding principles:

1)Prevent losing your principle by safeguarding your first investment.

2)Avoid trying to profit quickly by making predictions about transient trends. Instead, to save money on taxes and other expenses, seek for high-quality investments and hold them for a long time.

3)Depending on your risk tolerance and tax efficiency, take into account all of your investing possibilities, including stocks, bonds, and real estate.

4)Stay away from marketing hype. Do your homework and purchase investments based on your price objective or, in the case of real estate, based on anticipated cash flow or prior performance over the last 10 to 15 years.

5)When investing in real estate for long-term growth, take into account aspects including supply and demand, cheap housing, migration trends, job numbers, reputable schools and colleges, and highway accessibility.

6)Raise money and consult with seasoned professionals for recommendations. Be patient and watch the market for fantastic value opportunities, especially during corrections when people are fearful. Invest in high-quality assets that you want to own for at least 10–15 years. Remember that no economist or expert can make predictions longer than six months.

7)To protect your wealth from loss, invest in assets that can operate as a hedge against inflation. Know the inflation rates both now and throughout the last 10 to 15 years. Keep in mind that because the real estate and stock markets experience ups and downs on a regular basis, there may be years when you don't obtain the profits you were hoping for.

8)Though banks advise you to save, keep in mind that they actually use your funds to lend to others at a higher interest rate. Keep six months' worth of cash on hand in the bank, but don't let it sit there. By keeping all of your money in the bank for a long time, you won't get wealthy.

9)Recognize the fundamentals of the market, prepare your approach, and resist the urge to sell during bear markets. Apply leverage sensibly.

Invest SMARTLY and DILIGENTLY!

It's important to carefully consider your financial situation and goals before making a decision to buy a property. Working with a financial advisor or a real estate professional can help you understand the potential costs and benefits of buying a property when interest rates are high."

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