When you are thinking of making an investment in real estate investment trusts or real estate mutual funds, there are two levels this investment decision will come from – the emotional and the intellectual.
These are two very different parts of the decision making process, and together can help you make wise decisions, if you use them properly.
While you may think investment decisions are all based on money and math, there is much more going on in your mind when you decide whether or not to purchase a real estate investment trust or real estate mutual fund. The more you understand about the process and know how to use it, the more helpful it ca be to you for future investment decisions.
Have you ever heard of mind over matter? In most cases this phrase is used when someone has an illness that doctors say cannot be cured, but miraculously, though the power of positive thinking, they are healed. Ever wonder what that is all about? Well, it is a testament to the power the mind has over the things we do. While you may not initially think this has anything to do with your real estate investments, you need to think again.
In the same way that positive thinking can help someone be healed from an illness, it can also help to create a money-earning environment for you. Those who are ill make those illnesses go away by visualizing their body free of the ailment, and being healthy again. This is the same thing you can do for your financial health.
Picture what you want. Do you want to make money so that you can live with a better quality of life than you have now? Picture that happening. You must picture this in great detail.
You need to be able to clearly picture a day in your life when you are financially more comfortable. Feel the emotions that you would feel.
Next you need to visualize the steps that it will take to get you there. You will need to make wise investments, follow those investments and finally make wise decisions in managing those investments that will allow you to end up in the financial situation where you want to be.
While the visualization of something great happening in your life is a wonderful way to start, just thinking about investing cannot make it happen. Instead you need to double up the visualization with some education.
Begin by joining up with a website like REITBuyer.com where you can easily study the investments you are considering. REITBuyer.com is the first and only online brokerage that specializes in REITs and real estate mutual funds.
On their site you will be able to find not only a way to buy, sell and manage your investments, but also all the latest news on the real estate industry as well as reports trends and other information that will give you a good look into what may be coming down the pike so you know what wise decisions to make to enjoy that future you were picturing.
This article was written by Earl E. Bird, spokes person for the REITbuyer.com, a site dedicated to educating Real Estate Investors on how to invest in Real Estate Mutual Funds to diversify their investing portfolio. Read more at http://stateapartments.blogspot.com