HOT TOPIC
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THEY DO NOT fixate on price but understand the importance of value
Successful investors are always very patient with their investments. Most investors fall into the trap of making purchase and selling decisions based on minor fluctuations in the market. A patient investor would always wait to reap the long-term benefits and will seldom make any instant decisions. Thus, patience goes down as a golden rule in the rule book of investments.
THEY DO NOT neglect the importance of their financial credibility
Apart from the advice from financial planners, smart investors trust their intuitions. Most people are not able to follow their intuitions and end up listening to their dreams or aspirations. Again! It is very important to understand your intuitions and separate them from your dreams and ambitions. Successful investors are able to clearly demarcate their dreams, beliefs, and aspirations.
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THEY DO NOT wait for the right time to buy
Successful property investors don’ t try to time the markets. They know there isn’ t a“ right” time to do anything. They’ re able to see the big picture and don’ t get caught up in the details. And even when they don’ t have all the information they need, they believe it’ s better to make a decision with some information, than to not make a decision at all. They then take action and gather the balance of the information as they move on.
THEY DO NOT make decisions emotionally
Successful investors do not raise a brow when there is a rise or fall in the markets. They seldom let common perceptions influence their purchase decisions. Thus, they understand the golden rule that the rise and fall in the markets are natural but making purchasing or selling decisions based on them is absolutely mindless. Most investors fall prey to the game of emotions and end up losing and winning spontaneously which is a complete stalemate in the end.
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