Posts tagged: profits

Thumb Rules of Investing in Stocks

investment in stockMaking profits in the equity market is not based on your luck. With a disciplined and research-based investment approach, you may be able to earn high returns. In addition, using some basic thumb rules based on the experience of other successful investors will help you earn profits.

Here are five thumb rules for investing in stocks

1. Do not try to time the market

Predicting the tops and bottoms in the equity market consistently over several cycles is almost impossible for seasoned investors. In reality, most people who try to time the market lose money.

2. Take a disciplined investment approach

Historically, great bull runs have also had their moments of panic. The volatility in the equity market has resulted in people losing money even during bull runs. However, if you follow a disciplined investment approach with long-term goals, it is most likely that you may avoid losses.

3. Invest in a broader portfolio

It is recommended you invest in different stocks across various sectors. Furthermore, you must include several asset classes to reduce your risk exposure. The different types of instruments that may be included in your investment portfolio primarily depends on your risk appetite and financial goals.

4. Monitor your portfolio regularly

The stock market is not only affected by domestic happenings. International occurrences also affect the equity market today. Therefore, it is very important that you monitor the performance of your portfolio regularly and make modifications as required. In case you are unable to track your portfolio at periodic intervals due to lack of knowledge or time, taking the help of an experienced financial advisor is recommended.

5. Avoid leverage

To ensure you do not face financial difficulties, you must invest the money that you can afford to lose. It is vital that you do not take on debt for stock market investing. In case the stocks do not perform as expected, there is a huge risk of losing the borrowed money and repaying the same may have adverse results.

Stock market investing may be highly profitable. However, you must do your research and make informed decisions. Furthermore, you must never let your emotions control your decisions and be realistic in your expectations.

What You Should Know About Selling A Property For A Profit

signing document for new homeAnyone that invests in property wants to sell it on for a profit. That is rule number one in the real estate investment handbook. Yet, it is something that lots of investors can seem to do for neither love nor money. In fact, thousands of investors in the real estate market end up losing money. Why? They lose money because they don’t make the right moves. Selling a property is a like a game of chess, and only the grand masters win. If you want to sharpen your skills, take a look at the following.

Think About The Resale Value

The fact that you have bought the property for X amount of money means you need to upgrade it to get your money back. Houses are like cars in the sense that no one will pay the same amount for it if it is second-hand. The only way to boost the price is to add features that homeowners want and will pay extra for to save them the hassle. For example, a conservatory will add a lot onto the value of your home. But, it saves them from paying for it and having to build one. In the end, everyone’s a winner. The trick is to find the features that add money and don’t cost a fortune.

Sell It Quickly

Sorry to be the bearer of bad news, but a slow sale isn’t good for business. That is bad news because properties don’t tend to go that quickly anymore. In fact, some can stay up for sale for months and years. The longer it goes on, the more you have to cut the price. Otherwise, you won’t be able to entice a buyer into making a bid. The perceptive among you will understand that you have to sell your home fast to make a profit. A quick sale prevents the sale from going down dramatically. For more info, follow the link above.

Find A Good Realtor

A good realtor is worth their weight in gold. The first thing to note is that they are professionals with skill and experience. So, they know how to sell a property. And, they also know how to spark interest in a property. From your point of view, that is brilliant. It is brilliant because the demand bumps up the cost of the property. When you have a multitude of interested parties, you can start a bidding war. At the end of the war, the one with the most money wins. Can you already see money signs in your eyes?

Choose When To Sell

Just like a chess game, you have to decide when to make the right move. You want to make a move sooner rather than later. At the moment, people are feeling better about their finances. As a result, interest in the housing market is starting to boom again. If you leave it too late, you could miss out on this initial boom. That will leave you with negative equity on a property that you can’t sell for years.

These tips won’t assure you a profit. But, they will make it more likely to happen.

How To Get Your Product Into The Stores

store products to profitGetting retailers to stock your product is notoriously difficult. The development process is often long. The money that you need to risk is high. And often the terms you end up with aren’t much to write home about.

It can be brutal for smaller players. But, as with most business operations, there’s a process than can improve your chances.

Have A Plan

Before you start out even developing a product, it’s a good idea to have a plan. In that plan, you want to map out all the usual financial metrics that will tell you how many units you’ll have to sell to make a healthy profit.

But you also want to include all those stores that you plan to approach. For many products, it’s necessary to sell a large number of units to break even. So this may influence the type of retailer you approach. If you’re looking to market a new health food product, you might want to plan to pitch to chains of newsagents.

Just make sure that your product complements their current advertising persona. It wouldn’t make sense for you to advertise health food in a fish and chip shop, for example.

Be Direct When Pitching

Getting time with retailers is difficult. Like other resources, their time is finite. They want to know immediately why they should stock your product and how it is priced.

All they care about is whether your product will improve their business’s bottom line and you have to make sure that it does.

Adapt To Their Systems

One common stumbling block in the way of getting a product into the stores is using the right systems. Often smaller companies are prevented from retailing because they haven’t completed a GS1 application.

Fortunately, there are plenty of barcode solutions out there that allow you to quickly and cheaply register. Having a barcode ready to go with your product will make it more attractive. It’s just one less thing for the retailer to have to think about.

Understand The Needs Of The Retailer

It might be the case that your product is amazing for the consumer. But is it amazing for the retailer too? Retailers want products that will sell reliably. If your product is something quite quirky and different, they may be reluctant to take it on.

This is where doing your research can help. Find out whether any of your competitors has stocked their products with other retailers. Then find retailers with similar characteristics. It’s likely that they will look at your product favourably if their competitors offer your competitor’s product.

Don’t Give Up

Too many entrepreneurs think that the only way to success is to land one big contract with a big retailer. However, this is rarely what happens, even for the most successful products.

Rather businesses start off small, using independent local stores to get their product off the ground. Then follows a long, drawn-out process that involves a lot of setbacks and rejection. Often, it’s only after many years and tremendous effort that products find their way into the big retailers. But if you stick it, the rewards are there for the taking.