Good Deals
>> Monday, June 21, 2010
There are a lot of advertisements of good investment deals or high return products.
However, the investment could have been better if this marketing cost was not incurred.
The truly good deals are those that are NOT
a) heavily advertised
b) aggressively promoted by commissioned based sales agents
c) use of attractive and often misleading presentation materials and figures
So where are the good deals?
Well, that will require effort on oneself to source out the gems. Good deals often:
a) speak for its self through a performance track record
b) incurs little or no marketing expenses
c) are snapped up before the mass market gets a chance
For example, if a housing agent chances upon a profitable property, he would have purchased it himself and start advertising it with a significantly higher price. If he wouldn't purchase it himself, it probably wasn't a good deal to begin with.
There is no free lunch, taking the passive approach of relying on advertisements and agents to select investment products will mostly result in a less value deal.
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