Archive for June, 2008

Investment Tips

Monday, June 30th, 2008

Here are some general investment tips from Dean Graziosi….

A. Make sure you broaden your horizons with your investments. In other words, you don’t want only stocks or only real estate; rather you want a little bit of everything.

B. Research. Though you might have someone taking care of your investment portfolio, if you want to get the most out of your investments, it’s important to spend some time researching and analyzing as much information as you can.

C. Plan a strategy. Meet with your investment counselor and indicate what your high price or low price might be to initiate a sell order.

D. Think years down the road. While it’s always nice to invest in something that will pay immediate returns, it’s important to think ten, twenty even thirty years into the future.

E. Greed is bad. To paraphrase from the movie, Wall Street, it pays not to be greedy. You’re most likely not going to find an investment that will double its value in a short period of time, so sit back and let your investments grow.

F. Be Patient. Quick decisions often lead to problems. Since you’ve set up a plan with your investment counselor, don’t stray from it because of some ‘hot tip.’

G. Ask a Professional. Whether it’s stocks, bonds, T-Notes, Real Estate or another investment, find a investment professional you’re comfortable with and can afford.

Foreclosures Continue to Rise

Tuesday, June 24th, 2008

According to the Associate Press, foreclosure filings were up almost 50 percent for the month of May. Across the nation, 261,255 homes received at least one foreclosure related filing.

The article goes on to state that with weak housing sales, falling home values, tighter mortgage lending criteria and a slowing United State’s economy has forced homeowners to lost their homes through foreclosure.

All but 10 states showed an increase in foreclosure filings with Nevada, California, Arizona, Florida and Michigan with the highest foreclosure rates.

AP also reported that in some neighborhoods, lenders are dropping prices so much in an effort to get rid of their foreclosed properties.

It’s clear that homeowners have overextended themselves and though this might be bad news for some, it’s good news for those who are looking to find bargains in the real estate market.

Dean Graziosi has spent much of his adult life passing along his secrets to obtaining wealth through real estate to thousands of everyday people.

His books and lectures are filled with information to help you be a success at buying and selling property.

You don’t even have to reside in the state where you want to buy property.

The trend appears to be for continue slow housing starts and falling housing prices—the perfect recipe for investors looking for a bargain in real estate.