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Croatia is an Eastern European success story and a country quickly developing an incredibly exciting real estate market into which foreign investment is free flowing.


Since Croatia achieved independence from the former federal independent communist state of Yugoslavia in 1991 its democratically elected government has worked tirelessly to prove to its own people and the outside world that it is committed to creating an independent and successful country.


As a result Cheap Alexis Sanchez Jersey , Croatia has joined the Partnership for Peace Program with NATO, the World Trade Organisation and the European Free Trade Association and is now on track for full European Union membership by 2007. All of these facts alone stand to prove the Croatian government's commitment to creating a competitive country with a successful market economy, and all of these facts have resulted in many major multinational companies relocating European headquarters to competitive Croatia.


Now add to this positive data the fact that Croatia is a stunningly beautiful country with 6,000 km of unspoilt coastline Cheap Alexandre Lacazette Jersey , a Mediterranean climate, mountains, lakes, forests and wildlife in abundance and a rapidly developing tourism industry Cheap Alex Oxlade-Chamberlain Jersey , and hopefully you can begin to smell the potential!


As a direct result of the foreign investment flowing into Croatia in both the business and tourism sectors the country is becoming more successful, more wealthy and more desirable as a place to live, work, invest and holiday.


It is because of this perfect combination of factors that Croatia is emerging as a European real estate hotspot with demand from holiday makers for hotel and villa accommodation Cheap Alex Iwobi Jersey , demand from second home hunters looking for everything from apartments in the major towns and cities to rural retreats in the stunning Croatian countryside and demand from expatriates and international executives for houses and apartments to let.


A real estate investor looking for a secure emerging market with masses of potential for profit should consider Croatia.


For property developers there are substantial opportunities available in the tourism sector with demand for hotel accommodation outstripping supply currently. For those hoping to profit from maximum short term capital gains on real estate there's the potential to purchase off plan properties and flip upon completion by reselling to the waiting holiday and second home market. Alternatively for those hoping to derive an income from their overseas real estate investments there's the chance to let out units to the tourism market, the local market and also the expatriate market.


Croatia offers every real estate investor the potential they seek from their property investment.


?Hey Joe: Is it better to be an optimist or a pessimist when you are trading??


That is a very interesting question. It would seem than being somewhat pessimistic would cause a trader to take fewer trades and cautiously manage the trades heshe takes. In contrast it would seem that a more optimistic trader would tend to trade more often, taking greater risk.


However, studies have shown that neither of the above is true. In a recent study Cheap Ainsley Maitland-Niles Jersey , men and women did not differ in their levels of optimism, but optimistic men made more risky trades (futures, options, number of transactions) than pessimistic men Cheap Aaron Ramsey Jersey , pessimistic women, or optimistic women. In the study, being more optimistic and making more risky trades didn't seem to have any negative consequences. The final values of the accounts did not differ between men and women, or between optimists and pessimists. Optimistic men Wholesale Arsenal Jerseys , although making riskier trades, performed the same as everyone else. The study was inconclusive.


Is being an optimistic trader a bad thing or a good thing? The verdict is still out. Additional studies are needed. All the same, it's probably not a good idea to be optimistic to the point of putting on trades without carefully managing risk, such as limiting the size of a position or using protective stops. But perhaps a moderate amount of optimism and confidence is useful. One of the results of the study was to point out that pessimists often panic Wholesale Arsenal FC Jerseys , become fearful, and tenaciously deny they are in a losing trade. A moderate amount of optimism, in contrast, ensures that even in the midst of a losing trade Cheap Arsenal Jerseys , an optimist may be more likely to seek out information and make an informed decision. So, in the final analysis, it is a little like walking a tightrope between extreme unrealistic optimism and extreme debilitating pessimism. Finding the right balance is the key to trading consistently and profitably.


Joe Ross


Trading Educators Inc

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