Thursday 2 June 2016

Michael T Haas - Traits A Successful Investor Needs

Michael T Haas is a successful real estate developer and investor who has built a reputation for making intelligent decisions during the course of a career that has spanned more than two decades. He has also had the opportunity to work alongside a number of fellow professionals during his career and has noted that those who achieve similar levels of success to his own tend to display a number of common traits.

They Work Hard 

Any investors who enter the profession with the thought that they are going to get rich quickly are going to be in for a rude awakening when they realize just how much hard work goes into selecting good investment opportunities. The best investors are those who knuckle down and do everything that they can to make sure their money is used properly.

Patience

There will be times when opportunities come along that you can’t take advantage of. For example, there may be an investment that looks ripe, if only you had the budget required to take advantage of it. This is a bitter pill to swallow for new investors, but it is important that they do, as patience will ensure they don’t spend all of their money chasing opportunities that may not deliver everything that they promise.

Emotional Control

Michael T Haas understands that there will often be investment opportunities that you are passionate about, but it is important that you do your best to exercise a high degree of emotional control. Investments are business decisions, which is why those who achieve the most success tend to be able to think logically.