The Best Way To Invest 10,000 Dollars
If You Knew That Your Investment Could Make You 100 Times More Profit Than A Standard Savings Account, Would You Take Notice? Well It Is Absolutely Possible. Read On To Discover More.
If you have a minimum of $10,000 dollars to invest and are serious about making a lot of money, one of the most profitable, and possibly the best way to invest $10,000 dollars is with a managed forex account.
With a properly managed account, the profits can be very high, depending on the trader and account that you choose, especially when compared against the more “typical” investment vehicles such as savings accounts, bonds, mutual funds, insurance etc. They can give you minimal returns, solid but hardly inspiring, so in my book, these types of investment opportunities are not the best way to invest 10,000 dollars.
A managed forex account is a great investment vehicle (way to invest and grow your money) because :-
1. The traders will have an intense knowledge and comprehension of the forex market.
2. They should have a long and proven track record of their trading strategies in live market situations.
3. They will be well aware that safeguarding investors’ capital is their top priority.
Investors that want to get into the forex market, will find that these benefits make a managed forex account an attractive, and one of the best ways to invest $ 10,000.
Managed forex accounts have been around for years now but until relatively recently, only investors that had a minimum of one million dollars to start a trading account, could do so. The great thing now is that anybody with as little as 10,000 dollars can open a managed forex account.
There are dozens, probably hundreds of services that provide managed accounts. All have different performance results. The very high return accounts, 300% to 400% and more per annum, generally require a much higher starting capital. I work on the basis that 10% per month profit is perfectly achievable for a starting capital of 10,000 dollars.
I have made a theoretical chart below for an investor that invested 10,000 dollars capital, 10% per month returns and the performance fees being 35%.
As you can see, after a few years, the profits start to soar. After 4 years, the monthly returns are almost 20 times what they are at the start of the account. Albert Einstein once said that compounding interest is “the 8th wonder of the world” and “the greatest mathematical discovery of all time”. If you want great wealth, leaving your profits to compound is what you have to do. However, a lot of investors just want a monthly income, and this is perfectly fine. It just seem a shame because if they were to wait a few years.... well, you can see the outcome.
One very important reason why a managed forex account is the best way to invest 10,000 dollars is that it is a very safe investment. Investors that are concerned that their money is out of their control, need not worry. Forex account managers are permitted to trade the funds for investors because they are given a limited power of attorney (LPOA) by the investor. This LPOA is a form that allows the manager to perform specific functions but they cannot withdraw cash, change account name or any other primary procedures. Only the account holder can do that.
The traders that manage investors’ accounts, have access to the Forex market that exchanges upwards of $4 trillion (4,000,000,000,000) dollars every trading day. The majority of this massive amount is traded by financial institutions and banks. I believe that much of the world’s wealth can be redistributed towards individuals and away from these large financial companies, if enough “small” investors trade the forex market successfully. A managed forex account can do this for “small” investors that want to know the best way to invest 10,000 dollars.