How to make money effortlessly while you are sleeping?
4 pages
English

How to make money effortlessly while you are sleeping?

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4 pages
English
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Tout savoir sur nos offres

Description

How to make money effortlessly while you are sleeping? Two possible ways to make money Would it not be nice you go to bed and sleep and then you wake up a few hours later and you have made some money. Just like that. It is possible! If you would like to find out how please read on. We know very well that winning the lottery is not an event that is very likely to happen to all of us. We have only few options of making money: 1. Sellour time and work for someone else 2. Haveour money work for us. Selling your time in order to make money When you are working for somebody else this person will always dictate what you have to do in order to stay in your job. (You do know that the word job is actually an acronym forJust OverBroke, or?) You have only limited say on what you are allowed to do and what not. You may have to work odd hours in order to fulfil a specific service. You cannot do anything else at the time whilst you are working for someone else. Let your money work for you There are several ways for you to employ all the money you have to make more money for you. It is your duty to do so if you aspire for financial freedom. Buy property and rent it out. This model is fairly simple. You buy a flat, apartment or house and then you search for a tenant. You charge the tenant a premium for the privilege to live in your property.

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Publié par
Publié le 04 juin 2016
Nombre de lectures 1
Langue English

Extrait

How to make money effortlessly while you are sleeping?
Two possible ways to make money
Would it not be nice you go to bed and sleep and then you wake up a few hours later and you have made some money. Just like that. It is possible! If you would like to find out how please read on.
We know very well that winning the lottery is not an event that is very likely to happen to all of us. We have only few options of making money: 1. Sell our time and work for someone else 2. Have our money work for us.
Selling your time in order to make money
When you are working for somebody else this person will always dictate what you have to do in order to stay in your job. (You do know that the word job is actually an acronym forJust OverBroke, or?) You have only limited say on what you are allowed to do and what not. You may have to work odd hours in order to fulfil a specific service. You cannot do anything else at the time whilst you are working for someone else.
Let your money work for you There are several ways for you to employ all the money you have to make more money for you. It is your duty to do so if you aspire for financial freedom.
Buy property and rent it out. This model is fairly simple. You buy a flat, apartment or house and then you search for a tenant. You charge the tenant a premium for the privilege to live in your property. The price you can charge for the renting your property out must cover your mortgage payments and should give you some more money for yourself. So ideally the rent should be at least 125% of the mortgage payment. You have to make sure that the property is in such a state that you can demand this rent. However there is a slight disadvantage: A property is a rather expensive asset to have. You might not have the necessary money for the down payment. So whilst this is a legitimate way for the advanced investor it might not be the right strategy for you as beginner.
Invest in the financial market You can also buy stocks of a certain company and cash in on your quarterly dividend payment. Here you would need to open an account with a stock broker. You would need to calculate the dividend yield of the stocks that you would like to invest in and then choose the ones with the highest yields. This requires some knowledge as you would like the stock price of the stock you bought go either up or stay at least where it is now. If it goes down you might loose money even though it might have a fantastic dividend yield.
A more conservative approach is then probably to buy bonds or zero bonds where you know what you will get after the bond has reached maturity. This has the disadvantage that you do not experience the uplift of the stock which might go up in the very same period of time. However for this a larger amount of money is needed as well. The other disadvantage is that trading takes place usually during working hours. So you might have difficulties to react in time.
Trade the Forex Market Another very exiting opportunity is to trade the Forex or currency market. Basically you buy one currency and sell the other currency at the very same time. The currency market is the biggest financial market on this planet. It is also the market which hardly ever sleeps. Only from on Saturday and Sunday even the Forex Market is closed. On all other days you can trade 24h or around the clock. So you can concentrate on your trading after your work and gain more capital whilst you still have a job.
You would need to know though what you are doing here as well. You would need to figure out which currency will go up and which currency will go down. The advantage of the Forex Market is that you do not need large amounts of money. Sums of $500 or sometimes as low as $250 are enough to participate. So this is definitely more achievable for the beginner than coming up with several thousands of dollars for a down payment for a property.
Trading the Forex Market for income
Trading the Forex Market gives you a big advantage. Since the Forex Market is open 24 hours you can basically trade from every location of the earth and at nearly any time you like.
Why do you need a trading system? In order to be successful in trading you have to be immune to emotions when you do trading decisions. Your decisions have to be based on facts. Hence you would need to have a strategy, a so called trading system, which helps you with your trading decisions. This trading system should be fairly mechanical so that you do not need to think long about each condition but rather can come to a decision within a very short period of time. The trading system should provide you with the number of lots (basically a number telling you how much you buy or sell from each currency) and when you should buy or sell. Most trading systems use technical indicators which dictate the decision the trader has to make.
How do you develop a trading system? Developing a trading system can be fun but it is also very tricky. You would need to come up with several conditions that the currencies have to fulfil at a given time for you to buy or sell them. These conditions would then need to be back-tested in order to make sure that the system actually is profitable and provides you with the money you need. This does not sound very passive does it? But wait help is at hand!
Solution: Let a Forex Robot do the heavy lifting!
Most Forex brokers use the MetaTrader Platform. A Forex Robot can be easily set up to meat your money management requirements. It is a robot so it will always follow the same rules in order to buy or sell currencies. You will have to set it up once and then it runs and runs and runs. Since it is a robot you can do something else. You go to bed knowing that when you wake up your robot has worked hard for you and made you some money.
Introducing FapTurbo™ 2.0 FapTurbo™ 2.0 is a Forex Robot written in the MQ4 language which works on the MetaTrader4 platform. FapTurbo™ 2.0 needs an internet connection in order to work properly. It can trade several currencies and even the new internet currency Bitcoin.
Best Forex Robot – Highly recommended
Click here to get your copy FapTurbo™ 2.0 today!
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