Friday, May 1, 2009

REITs and Real Estate Mutual Funds Investing - Goal Setting by: Robert Shumake

Before you purchase any stocks, bonds, mutual funds, or other stock market offerings you should always know why you are buying them and what you hope to get from your investment. Investing is like anything else in life. It relies on goal setting and creating a path to that goal.

When it comes to investing in real estate, you need to know why you are purchasing REITs or real estate mutual funds and what you are hoping you will be able to get out of those investments in the long term.

As you start your investment planning, think about what you are doing it for. Are you building a retirement account? Saving for the kid's college fund? Trying to make the money to buy a house? Once you know why you are investing you need to keep an eye on the goal.

Unfortunately many people start out well, but peter out somewhere during the process. It may go something like this. They start with a $5,000 investment and do well over the first few years, doubling their money. When they see the $10,000 in the account they think one of two things. Either they think they could pull the $5,000 they made out and still be able to watch the initial $5,000 grow or they get so excited with the way their investment has grown that they want to pull it out and spend it on something.

Now the goal is gone right out of their head, on a whim, and no longer are they building towards it.

Instead, you need to make sure you remember the goal and always keep it in mind. As your investment makes money, make sure to put it right back into the investment portfolio by purchasing more REITs or real estate mutual funds and allow them to keep doing what they do, grow your money.

It is also important that you do your research before you select a REIT or real estate mutual fund. You want to find a fund that has proven long-term stability and growth so you know your money will keep growing and help you get to your goal. To this end you need to look into the offerings of a site like REITBuyer.com. REITBuyer.com is the first and only online brokerage specializing in REITs and real estate mutual funds. Because of this they offer more information about these investment options than any other site can. It is also easy to find what you need since all of the information will be in your investment market and you won't have to wade through other investments that are not in your portfolio.

Take your time doing your research. You want to be confident that the REIT or real estate mutual fund you choose is going to be able to offer the growth you want to see.

Once you have selected what you need to purchase there is no reason to go anywhere else. REITBuyer.com also will be able to help you through the purchase process and monitor your portfolio so you can enjoy seeing your money grow and see your goal become real.

About The Author

Robert Shumake's mission is to inform the public about mortgage fraud and real estate scams and to provide tips on how to avoid being a victim. "Sometimes people will commit identity theft to obtain a housing loan, sell someone else's house or take over someone else's property," says Shumake. "It is my goal to inform the public on how to protect themselves from being victims of this crime."

http://reitbuyer.com

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