Insufficient Education is a Key Trap in Real Estate Investing

[Alex Gates]

This trap is pretty obvious but it’s so important that it simply cannot be excluded from this list. Education is paramount to success in any endeavor but when we are speaking of investing it is most important to consider its impact on risk.

Investing is widely regarded as a risky pursuit by amateurs and those who are uneducated in the field. To professional investors, a person’s education or knowledge of an investment is by far the single greatest determinant of risk. A well-educated investor can always walk away from a ‘risky’ deal.

Professionals will only help you in the long term if there’s something in it for them. That’s perfectly okay so long as you understand it, after all why shouldn’t they benefit from helping you? But the only way to make sure your needs get top priority from your investing is to take the driver’s seat yourself. In other words, don’t outsource the ultimate responsibility of knowledge acquisition and decision making.

To Your Success
Alex Gates

[AD LINK REMOVED]