George Hutton offers the following royalty-free article for you to publish online or in print. Feel free to use this article in your newsletter, website, ezine, blog, or forum. ----------- PUBLICATION GUIDELINES - You have permission to publish this article for free providing the "About the Author" box is included in its entirety. - Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity. - Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only. - If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links. - Please send a copy of the publication, or an email indicating the URL to [email protected] - Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article. ----------- Article Title: Why A Safe Return On Your Investment Is Much More Risky Than Investing In Forex Author: George Hutton Category: Currency Trading, Investing, Wealth Building Word Count: 611 Keywords: mini forex, forex signal trading, learn forex trading, forex mini, managed forex, wealth creation Author's Email Address: [email protected] Article Source: http://www.articlemarketer.com ------------------ ARTICLE START ------------------
Once I was talking to a friend of mine who was complaining that there weren't any good places to make a decent return on his investments. He was bemoaning the fact that banks would only give a meager couple percent, if that. CD's were a little better, but they were draconian in their requirements. He went on to explain how his friend has signed up for this whole life insurance policy, and was promised so much average return per year, but only to find out that not only did he have to wait twenty years to see the promised gains, but also if something happened, and emergency or something, he would incur severe penalties for early withdrawal. But then I realized something. My friend was expecting to receive interest on his money without actually putting in any effort on his part. He wanted to hand his money over to some institution, have them do all the work, and then give him back a much bigger pile of money later in the future. I tried explaining to him that if it were easy as that to make money, everybody would be doing it. Of course, if everybody was doing it, everybody would be increasing the amount of money, and inflation would rise concomitantly, which wouldn't really be any better. I have another friend, who is aggressive with his money. Aggressive in realizing that his future is up to him, and him only. He knows that if he puts his faith in the government, or in financial institutions, he may or may not be financially ok when he decides to retire. And he wants to retire sooner than most. I don't know about you, but my friend fully expects to retire by the time he's forty-five. And he has a solid plan on doing so. He has been investing in FOREX for about two years. He said that at first it was difficult, and a little bit scary. It seemed overwhelming, trying to figure out how to take positions with the market going all over the place seemingly at random. But he said that after a while, he slowly figured things out. He studied books, mostly bought from Amazon, and figured a trading system that worked for his own personality. Despite being aggressive in his plans for an early retirement, he is anything but on his positions. He will only tolerate a five percent draw down, meaning that when his investment goes down only five percent, he gets out, no questions asked. And his profits are as equally as conservative. Twenty percent profit, and he is out. No questions. That doesn't seem like much, especially when you hear all kinds of second hand myths of people who made eighteen trillion dollars while watching TV, or some other nonsense like that. What is really interesting is that after only about six months, he was able to develop a really good trading strategy. He averages one profitable trade out of three. That doesn't sound like much, but for every twenty percent profit, he has only two five percent losses. And that adds up rather quickly. He said that after he was able to get over his ego-based need to brag to his friend about what a market genius he was, it became really easy to make money on a regular basis. He figures he should retire at forty-five with enough money to live off he meager interest that he can get from a bank. Which is pretty cool because he's already put enough away for his three kids' college, and they are only in Junior High School. You can really do a lot for yourself when you take your future into your own hands. Taking the first step is sometimes the hardest for some. Because you can imagine what it will be like when you become successful, you can take advantage of this opportunity. You'll find out just how easy that is when you visit http://www.georgehutton.net/forex ------------------ ARTICLE END ------------------ [Non-text portions of this message have been removed]
