The best investment strategy to make success!
The best investment strategy to make success!
Have you ever consider about ameliorate your economic style? Well I think you should start stock trading, also for beginners it's a good way to make a profit. It's both fun and exciting to try this market. In a history way stock trading is the best way to dividend money instead of the old fashion way, in your bank account.
Rule number one in stock trading is to decide before a deal how much your stock can lose or win before you sell.
An advice is to deal with companies you have heard about and feel free to invest in. Of course you don't invest in corporations you don't trust or feel bad for. Your portfolio should include 6-10 companies, rather spread over a couple of different markets.
As a beginner I recommend a long-term saving because it's safer and precede a better profit, but if you have been inside for a while and are out for new challenges you should try short-term saving.
For long-term saving you need to invest with money you don't need for a year or two.
In a long-term is it the company developments which control the stock rate. A company which is profitable and increases, also have great stability. Those kinds of corporation sooner or later always make a strong rate development.
I would like to give an example because a friend of mine didn't believe that saving is good.
If you do a profit of 11% per year and spare $1000 dollar each month we can now make a formula in excel and you will see incredible results. In 10 years we don't see big change, we have now $200.000 dollar. But in 20 years we now have bigger numbers; $770.434 dollar. But don't stop here. In 25 years we have doubled our money. It's almost $1, 4 million dollar. CAN YOU BELIEVE THAT? As you can see, start saving now, will make you rich. To make a profit of 11% a year isn't hard. Everyone can make it if they really try.
As you see it all happens in the end and it's clearly, because a larger amount makes a huge account. ;)
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