An investor who places 10,000 dollars at the start and after two weeks he only has 2,000 dollars left, would have paid dearly for his lack of training. So the refusal to train would have earned him 8000 dollars. Whereas by following a training course and having 10,000 dollars as starting capital, he could have achieved 20% return and not 10%. After twenty years, with 10% yield he would have earned 67,275 dollars, while after training he would have achieved 20% yield, the equivalent of 383,376 dollars. For the /top10best.io/online-brokers-reviews/plus500-review this is important.
The currency or Forex market can be a temptation. Quotes are made on the basis of exchanges made in dollars, dollars or other currencies. In theory, you can buy the dollar and after a few hours or days resell it to make capital gains. Unfortunately, the reality is quite different.
The popularity of Forex, especially among beginners, is due to the possibility of exchanging currencies at any time of day or night, in addition to the possibility of using particularly high leverage that can multiply by 10 or even 20 times gains but also losses.
The main difficulty with currencies is that determining the intrinsic value of a currency is very difficult. This makes it even more difficult to anticipate the price of the currency in the months or years to come, and this in contrast to a rising action whose intrinsic value and increasing year after year. If it is difficult to know the trend over a long period, it is the same in the short term. This is what explains the bankruptcy after only a few months, many people who operate on Forex.
Fleeing binary options
Orders placed on binary options go through the purchase of PUTs and CALLs by betting on their rise or fall. Unfortunately, such an option ultimately enriches only the broker whose fees are high, without forgetting the common scams on the Forex market and that of options, since in 95% of cases, it would be impossible to withdraw the gains.
Most of the time these structures are based abroad which implies the total loss of the capital and this as of its investment, only the investor ignores it. Therefore it is better to flee Forex and binary options, at the risk of being scammed.
Dodging real estate
Many people seek financial independence and in the majority of cases they opt for real estate without thinking of the stock market. However with real estate it would be impossible to achieve 10% gain each month. Such an investment also has several disadvantages, starting with the difficulty of diversifying its investments, with the high price of real estate.
In addition to the complexity of managing tenants, the period of rental vacations, profitability lowered due to maintenance costs and maintenance work, the need to resort to an exorbitant mortgage for the financing of the property, the difficulty of resale, taxes among others. Real yields do not exceed 2 to 3% per year. To gain financial independence as soon as possible real estate is a bad choice.
Choose the stocks to start on the stock market
The actions guarantee good long-term profitability, proof of the SP500 which has been present since the French Revolution. By focusing on the diversification of its portfolio, it is possible to earn between 7 to 8% per year.