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Here is an interesting compilation of top 10 investment tips for everyone who wishes to make an investment in 2010.
- If you have real estate investment plans in 2010 do not be lured by ‘once in a lifetime offer’. Real estate profits cannot be made on any kind of tips or even in haste. It needs careful planning and good research.
- If you are making an investment do not go for ‘value for money’ deals. Instead you should take time to make evaluations on the basis you will invest your hard earned money.
- Do not keep un-real expectations or expect abnormal returns on your investments. Do not make extra commitments in the greed to have extra and more returns. Do not overstrain yourself.
- Make all calculations yourself, instead of depending on the seller. Try to make a benchmark of reasonable return and concentrate on the strategy.
- Do not exit from any kind of investment because some other investment promises a better return. It’s best not to make a decision on others tips and suggestions. You have to make a difference on the basis of projects and products which are offered.
- If you are making an investment in real estate, lay stress on the location. This is an important criterion which needs serious consideration.
- Check out the value appreciation graph of your existing investments before you think about withdrawing from any kind of investments. Do not repeat any mistakes which you have done in the past.
- You should know more about people who are involved with your investments. This may be your builder, realtor, banker, developer or consultant and try to find out more about them. This will help you to understand if you have made a correct decision.
- Check out and know about any recent trends of the market and keep a track of all prevailing technological advances.
- Do not hesitate to ask and act. As a buyer it is natural to have many questions. Do not progress if you have doubts in your mind as you will make wrong decisions
courtesy: http://hubpages.com/hub