According to many sociological surveys, many people all around the world still prefer to keep their hard-earned savings at home. Still, they are unaware of the fact that it is impossible to keep their money safe at home anyway as inflation gradually devalues the money and deprives it of its purchasing power day by day, month by month.
How to secure your savings against inflation? Let’s ask several Masterforex-V Academy, a reputable expert in everything that concerns money, trading and investment.
Forex, Options or Other Financial Markets? Traders on Investment Opportunities
Keeping money under the mattress is not a wise solution when it comes money management. At the same time, bank deposits promise relatively small interest rates, which can barely cover inflation.
With that said, it is always better to pay your attention to higher-yield investments provided that the risks is low-to-moderate. While some experts recommend investing in stocks, Forex and other financial markets, few people are actually ready to follow their advice. The thing is that most people are financial ignorant and illiterate. Wise investing isn't taught at schools, colleges and universities. This is the subject you have to study in other places. Well, this knowledge is necessary if you are willing to become an active trader or investor. Luckily, today's financial markets offer you a lot more moneymaking opportunities than they used to do. With that said, you can become a passive investors and still make money without being an expert in financial market but trusting your funds with professionals.
While you are an investor, you still can learn to become a professional Forex trader in order to avoid paying decent percentage of your profit to managing traders. In other words, there are many ways to insure your money against inflation mand make it make more money for you.
Let's se what Masterforex-V Academy experts think on the matter:
According to them, there are many ways of making money through investing successfully. Still, when you accumulated a decent amount of money, you start thinking about how to preserve the money and make you capital keep its purchasing power as time passes by .
One of the simplest way to keep the savings relatively stable, especially for those who live in emerging markets, is to make use of a currency basket including 2-3 currencies. All you need to do is to distribute the funds equally between 2-3 major currencies. The best way to diversify your currency portfolio is:
- 1/3 - Euro
- 1/3 – US Dollar
- 1/3 – your national currency
You can avoid you national currency and make use only of a basket of 2 currencies – EUR and USD.
The next thing you can do is to purchase fixed property and become a landlord to get monthly payments from your tenants. Another long-term way to save your funds is to invest in jewelry, or even gold and silver bullions and coins in order to save even more. Alt least, you can use metal accounts available with certain banks.
Another way to put you money at work wisely is to invest in financial markets – currencies, commodities, stocks, indices, options and futures. You can trade those markets on your own after becoming experts in trading (Masterforex-V Academy can really help you with that). Or you can invest in PAMM services offered by many broking companies to let professional traders manage your funds for you. IF you are not sure, which one to use, you can make up your mind after checking out Masterforex-V Expo, an excellent project embracing dozens of ratings of brokers rendering various services, including PAMM.
If you are really interested in becoming a winning trader, you can always become a student of Masterforex-V Academy, Europe's best Forex coaching project since 2009. The website embraces hundreds of trading experts with many years of positive operational history. So, they can really teach you how to trade Forex and other financial markets professionally and profitably. This is comprehensive coaching, not some 2-week courses promising you to make you a Forex giant in an instance.
This is an example of trading shown by a Masterforex-V Academy student:
In order to trade professionally, it is necessary to understand the market, to come up with your own winning strategy, the stock to the strategy at all times. This is what you can acquire when entering one of multiple departments within the scope of Masterforex-V Academy, a reputable caching site in the online Forex industry.
