real estate is the business to be in for those who want to make big profit. It is exciting and almost a guarantee profit if the right decision is made.

Both the houses and commercial real estate prices just keep going up.

Nothing is a sure investment. However, real estate investment is still one of the most surest thing.

I first got involved in real estate investing accidentally. I was renting a warehouse with some friends when the landlord suddenly decided he wanted to sell it.

It wasn’t making enough from rent, and he had some bad debts that he wanted to settle. He gave us the option of buying it from him, and we decided that that was just the thing to do.

Pulling the money together was tough but we did it in the end.

Although the area was depressed at the time, there was an urban renewal program that was bringing more money into the city. Soon, our warehouse artists space was worth a fortune.

I got tired of living there. I sold off my share and took the money to invest in other things.

I took the money and went into real estate investing. I had been successful and was hoping that it can be repeated.

I bought some shares in some commercial project. I continue to receive payment every month.

I was confident that I could break even within the first year - it did.

Many do not know that you need not own the whole property to invest in real estate.

You can buy a small portion of the real estate and get a portion of returns. This is in fact a good way to do investing.

Owning part of the real estate makes you less responsible as you are not the sole owner.

You can also diversify your portfolio, buying a piece of a lot of different properties in different areas.

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The matters that distinguish the amateurish stocks trader from the pro stocks trader are identical to the matters that differentiate the boys from the men. And no, I’m not being biased there. Everybody, and I mean everybody is able to progress to become a thriving pro stocks trader. Nevertheless, what numerous amateurish stocks traders lack is frequently NOT knowledge, but valuable SOFT SKILLS. At present you’re perhaps wondering: what do I imply by soft skills?

Firstly, I would like the clear up the distinction between hard and soft skills. Hard skills are those traits that place an emphasis on knowing the technical aspects of stocks trading. For example, what a put option is, what a future is, what this index means etc. On the other hand, soft skills are those traits that place an emphasis on the mentality of the trader especially how they react to changes in the price of stocks.

There are 3 types of soft skills that I find to be the most important and which you can acquire in order to graduate from being an amateur stocks trader to a professional stocks trader.

1. ***You’re in it for the long term*** - professional stocks traders are successful because they have a long term vision. They are never in it for a short term gain. Why? Because short term gains are generally small and sometimes non-existent. But if they’re there for a long period, let’s say 5 years, then they can realistically expect a healthy and bigger return due to the longer time period. So the message is that any success in stock trading can only be guaranteed if you invest for the long term. Short term gains are only for amateur stocks traders!

2. ***Expect to make losses*** - this soft skill is related to the first skill of being in it for the long term. Professional stocks traders always expect to make losses in the short term in order for a greater reward in the long term. It’s easy to get turned off by the prospect of making losses but the truth of the matter is that if all that you expect are gains, then you will be disappointed and will get out of stocks trading before you know it. Short term losses are all part of the process of making a gain in the long term. Therefore, it’s important to not be discouraged by the prospect of losses in order to ultimately be successful as a professional stocks trader.

3. ***Make quick decisions!*** - Napoleon Hill enounces that successful people are those that arrive at decisions promptly and alter them slowly. This also constitutes a trait of successful pro stocks traders. Regrettably, just about all stocks traders are those who arrive at decisions slowly and alter them promptly. And in a changeable stockmarket, arriving at decisions speedily becomes yet more crucial. Alterations in the stockmarket have to be responded to promptly but they must be performed in a resolute manner, because sticking with your decisions is among the traits of a successful pro stocks trader.

Those are probably the 3 most important soft skills that professional stocks traders employ than amateur ones do not. However, there are courses on the Internet that teach you these soft skills and others in much greater depth. It’s all about finding the best course and program for you. In particular, there is one great course called Masterful Trading that we offer for FREE on our website and which can be immediately accessed by anyone. In addition, we have other great articles on the latest techniques and strategies for successful stock trading.

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A share is a certificate of ownership in a company. The shares of BHP, for instance, are each a tiny piece of ownership of the company BHP. If a share in BHP is purchased, the purchaser now owns a little piece of BHP. BHP, as of writing, had over 1,750,000,000 shares on issue. Once a share is purchased in a company like BHP the share can be sold at the discretion of the owner of that share.

As a share represents a share in the ownership of a company, a shareholder has a right to a say in how that company is run. This is often a theoretical right as voting on running the company is conducted on a ‘one share, one vote’ basis. Obviously if a shareholder has one share of BHP that shareholder has only one vote out of a possible 1,750,000,000 votes. Owners of larger number of shares have more votes and therefore more of a say in the running of the company.

What is the price of a share?

A trader telephones her broker and says, “I am interested in shares in BHP, what is the price?”

The stockbroker replies “BHP is $9.50 bid and $9.53 offered”

This “9.50 bid and 9.53 offered” means that the highest price anyone is currently willing to pay for a share (or a number of shares) in BHP is $9.50, while the lowest price that anyone is currently willing to sell a share (or a number of shares) in BHP is at $9.53.

In market jargon the “Bid” is $9.50, while the “Offer” is $9.53″. This “bid and offer” terminology makes sense; a buyer is bidding to buy the shares while a seller is offering to sell the shares. The distance between the bid and the offer in this example is currently 3 cents (i.e. 9.53 minus 9.50). This distance is referred to as the “bid/offer spread”, or just the “spread”.

Our trader, if she wants to buy some shares in BHP, now has a couple of choices available to her. She can buy BHP shares without any further ado by buying the shares on offer at $9.53. (Similarly if she already owned shares in BHP and wanted to sell them immediately she could sell to the buyer at $9.50). If our trader did want to buy and was happy to buy at $9.53 she would say to the broker, “I want to buy 500 shares (or whatever the amount is) at $9.53″. This is an “at market” order, our trader may just as easily have said to the broker “I want to buy 500 shares of BHP at market” ? this means the broker is to buy the shares for the client at the first available offer (which, as we have seen, is $9.53).

Our trader may not be happy to buy at $9.53. She may wish to try to buy the shares a little lower. Let’s imagine our trader says to the broker “I want to buy 500 shares of BHP at $9.50″. What she has done is placed a bid with the broker at $9.50. As we have just seen, there is already a bid at $9.50 and our trader has now expressed an interest to buy at the same price as the current bid. The bids are automatically ranked by the SEATS system in order of whoever was first. Our trader, in joining the bid at $9.50 will be ranked behind the current bids; what that means is that the other buyers at $9.50 will have their orders “filled” before our trader is filled on her order. That is, our trader will buy her shares at $9.50 only after the other buyers have bought theirs. This would seem to be a very fair way of doing things, it seems one must queue for most good things!

Our trader, however, may not be interested in joining the queue. She can, of course, buy immediately at $9.53, but if she wants to try to buy a little lower without having to join the queue our trader can place her bid at $9.51. In doing so she now becomes the highest bid in the market, anyone else asking his or her broker “Where is the market in BHP?” will now hear in reply from the broker “BHP is bid at $9.51 and offered at $9.53″.

In placing her bid at $9.51 our trader is now first in line to be “filled” on her buy order. Any other trader joining her on the bid at $9.51 will be ranked behind our trader now.

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Have you ever considered bank owned property, for investing? Foreclosure investing will comprise buying a home after the original mortgagor defaults and loses ownership of the property. If you’re thinking about getting into foreclosure investing then you must be the kind of person who is interested in researching a properties history and doing minor repairs to increase the profit potential of your investment property.

This is a very serious problem for the mortgage lenders as well as the property owner. The lender want’s to regain the money tied-up in the property. The home owner has bill’s piling up, they are missing payments and praying for a miracle before they hit rock bottom and lose everything.

So what does purchasing your first home and bank owned property have in common. For most of us when we hear about foreclosure, we are not thinking about the investment potential. What strikes my mind is the monumental opportunity some lucky investor will have by taking the time to structure a deal that makes it possible for the bank to get the property off their books, and for you the investor to make a hearty profit.

How would you like the chance to buy a property way below market value, that is the leverage of buying bank owned property. Many times there is not a lot of repairs and very little wrong with the property. There are so many homes out there right now just waiting for someone to discover. The really good deals out there that can put you in the home of your dreams. Without the savings from foreclosure investing it may just be a pipe dream for you to buy a home of your own on your current budget.

As a real estate investor you will view many properties, hiring a professional home inspector will protect you from hidden problems that need repair adding extra expense to the property, another perk to hiring a home inspector and developing a working relationship with them is by walking with them and asking questions you will start to pick-up on how to spot potential problems for yourself which will help you narrow down your list to more profitable choices.

Now is the time you can get the best price on the size house you want. The economy is not in very good shape today. Many people cannot afford to make car or home payments. This leaves the ones who have saved up in the past at an advantage. How long have you been saving for a house of your own? How would you like twenty to forty percent more property for the same price as traditionally purchased real estate, looking into bank owned property can save you big money.

This motivation, combined with the principle of supply and demand, results in foreclosed properties being available to investors below their market value. The difference between what an investor sells a property for, minus acquisition cost and expense, is the investor’s profit. Investors can increase this profit in two ways. The first is to maximize what they sell the property for by making improvements. Since foreclosed properties are taken against the wishes of the homeowners, they will not be in pristine shape without some work before re-selling, as a traditionally marketed real estate is.

You need to be thorough and competent, you must keep a written file of all your research before buying a property, and carefully review all the information and make sure you have covered all the bases. A good way to back yourself up would be to have professional people to work with you by building yourself a network with a reliable handy man, a real estate agent with experience in purchasing bank owned property.

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