Thursday, February 26, 2009

Invest In REITs Online

The Internet – Your Best Friend in Investing

Are you still of the old fashioned school where you think the best way to invest in stocks, REITs, bonds or mutual funds is to call your broker and ask him to make a buy for you? Why is that? By now, you should have realized that we have come a long way and the Internet is a way that you can take on these investments for yourself.

Many people are reluctant to take their own investing into their hands through the Internet. Their reasons vary from thinking they don't know enough about their specialty market to that they can't make the same kinds of buys as a broker to thinking that their broker knows more than they do and will make sure they get in on a good deal. Let's look at each of these for a minute.

I don't know enough about my market.

If you are one of the people who think you just don't know enough about your market to matter, that's only because you aren't trying to. If you invest in REITs, for example, there are wonderful websites that allow you to learn everything you would ever need to know, plus keep on top of what is happening right now, like

Learning enough about your market to make wise decisions only takes a few minutes a day to do and can take you a long way in the profitability of your investment portfolio.

I can't make the same types of buys as my broker.

Think again. While your broker may have a really fancy computer system on his desk that he uses to make your purchases happen for you, chances are he is really using a program that is just as simple as one you could use to make the purchase. For example, is a complete brokerage firm of real estate investing that will allow you to buy and sell, as you need to, from the comfort of your own computer.

My broker knows more and will make sure I get good deals.

Unless you are sinking millions of dollars a year into your accounts, you’re not big enough for a broker to call you. If your broker hears about a great buy possibility, he is going to call his most prized clients first. Those are not the friendliest ones, but the ones who stand the chance to make him the most money. After all, this is business. This means you are likely not going to get that phone call and are going to miss out on the deal.

On the other hand, if you were signed up with a company like you would see those news stories that are going to impact the market as they come through and also be able to take a peek into the minds of the analysts on their blog to get the inside track on what is happening in your investment world. Then you can make the decision to act right away and reap the rewards.
Making Real Estate Investing A Lifestyle

Are you a part time real estate investor? Do you have a few REITs in your portfolio that you look at from time to time to see how they are doing? If so, you are making one the mistakes that can keep you from being one of those investing success stories.

Many people look at investing as a hobby. It's just something to do with their extra money and they hope if they ignore it eventually it will grow into something. This is not the way to take care of your investments. Instead you need to take a more active role in them.

Investing is not a hobby. There is money on the line, serious money. It's your money, and you should treat it as such. That means once you start purchasing REITs you need to keep a closer eye on what they are doing as well as what the other markets around them are doing. This can help you key in on good time to buy, sell or make changes to your portfolio.

So what is the best way to do this? Well, you need to keep your investments in your own hands. The best method to this end is to go online with them. If your portfolio has REITs in it, it is even wiser to go with an online broker that knows and appreciates REITs like is a full service REIT brokerage firm, with REITs as their specialty, so you will be in a world where everything is focused on your market. That's good news for you because the more focused you can be on your preferred market, the more you can see what may be coming and know when to buy.

Once you sign up for, you need to learn how to use it to it's full potential to make sure you are getting everything you need to do better in investing. Start by making sure you know as much as you think you do about REITs. The education and advise area of the site will make sure you have all the knowledge you need to make smart decisions as you invest in new REITs or decide what to do with the ones you already have.

Next you need to keep up with what is happening right now. Remember, fortunes are made and lost in minutes on the market. While this is not as much the case with REITs, not knowing when to buy a REIT that is priced low can mean you are making less of a profit down the road. So, keep your eye on the REIT news section. This will give you an idea of what is happening in the market that could impact the REITs you have or are considering buying.

You should also look at the blogs and other statistics, as each of these things will give you a little more insight into what is happening.

Finally, when you are ready to buy or sell, you can take command of your portfolio and complete all of those transactions with online trading on the same website.