by Louis-Charles Martel

You have residual income or disposable income when you have paid off all your bills, be they related to your mortgage, various loans like house loans, credit card dues, college/school fees, insurance premia, and so on. If you still have some money left in your bank account or wallet, you are said to have ‘disposable’ or ‘residual’ income. Start turning your disposable income into a residual income business!

Keeping residual income in your bank is of course the safest. But the return on that deposit is very low, given the very low interest regime that now prevails in the United States, or, for that matter, in most European countries.

One way of making your ‘residual income’ work for you is to invest that money in a way that it would add to your savings. The stock market is one option, mutual funds are another, forex trading is yet another. All this depends upon the risks you are willing to take, and also the laws and regulations governing forex trading, if you are inclined towards that.

To make your residual income work for you, you have to put in additional work. It is just not enough to leave it to your banker or investment broker. You need to keep a constant watch on how the market – in whichever market you have invested in – is moving. Normally your usual newspaper would have a business page, which would give you insights into how the markets are moving.

If you have invested in a particular company, watch how that company is faring in the market. Don’t go just by a day’s quote. Watch out for the company’s performance being reported in the press. In stock markets, the long term position needs to be looked into. If at a point of time you feel that you have made enough, you can get out of it by selling that stock. Same hold goods for the mutual funds as well.

Remember that investing overseas involves a whole gamut of issues: political, economic, social and international relations. If the country/countries are going through a turmoil, that seems to be scaling up, the best option would be to withdraw immediately. Check out your government’s advisory. If there is a warning advisory, the best would be to cash in and stay out of the upheavals. You can always re-enter later.

If you are interested in playing in the forex market, always remember you are a small fry. The big guns are the governments who trade daily and in large volumes, that is in trillions of dollars. Next are the banks, then the MNCs, and then you. The choice that you have is either learn the game, or invest in software that helps you to take calls on the market. The best way would be to join a team of investors who specialize in the forex markets, and who know what they are doing. The returns are high, since the risks involved are also equally high!

If you are not satisfied, just simply withdraw.

About the Author:

by Louis-Charles Martel

You have residual income or disposable income when you have paid off all your bills, be they related to your mortgage, various loans like house loans, credit card dues, college/school fees, insurance premia, and so on. If you still have some money left in your bank account or wallet, you are said to have ‘disposable’ or ‘residual’ income. Start turning your disposable income into a residual income business!

Keeping residual income in your bank is of course the safest. But the return on that deposit is very low, given the very low interest regime that now prevails in the United States, or, for that matter, in most European countries.

One way of making your ‘residual income’ work for you is to invest that money in a way that it would add to your savings. The stock market is one option, mutual funds are another, forex trading is yet another. All this depends upon the risks you are willing to take, and also the laws and regulations governing forex trading, if you are inclined towards that.

To make your residual income work for you, you have to put in additional work. It is just not enough to leave it to your banker or investment broker. You need to keep a constant watch on how the market – in whichever market you have invested in – is moving. Normally your usual newspaper would have a business page, which would give you insights into how the markets are moving.

If you have invested in a particular company, watch how that company is faring in the market. Don’t go just by a day’s quote. Watch out for the company’s performance being reported in the press. In stock markets, the long term position needs to be looked into. If at a point of time you feel that you have made enough, you can get out of it by selling that stock. Same hold goods for the mutual funds as well.

Remember that investing overseas involves a whole gamut of issues: political, economic, social and international relations. If the country/countries are going through a turmoil, that seems to be scaling up, the best option would be to withdraw immediately. Check out your government’s advisory. If there is a warning advisory, the best would be to cash in and stay out of the upheavals. You can always re-enter later.

If you are interested in playing in the forex market, always remember you are a small fry. The big guns are the governments who trade daily and in large volumes, that is in trillions of dollars. Next are the banks, then the MNCs, and then you. The choice that you have is either learn the game, or invest in software that helps you to take calls on the market. The best way would be to join a team of investors who specialize in the forex markets, and who know what they are doing. The returns are high, since the risks involved are also equally high!

If you are not satisfied, just simply withdraw.

About the Author:

by Louis-Charles Martel

You have residual income or disposable income when you have paid off all your bills, be they related to your mortgage, various loans like house loans, credit card dues, college/school fees, insurance premia, and so on. If you still have some money left in your bank account or wallet, you are said to have ‘disposable’ or ‘residual’ income. Start turning your disposable income into a residual income business!

Keeping residual income in your bank is of course the safest. But the return on that deposit is very low, given the very low interest regime that now prevails in the United States, or, for that matter, in most European countries.

One way of making your ‘residual income’ work for you is to invest that money in a way that it would add to your savings. The stock market is one option, mutual funds are another, forex trading is yet another. All this depends upon the risks you are willing to take, and also the laws and regulations governing forex trading, if you are inclined towards that.

To make your residual income work for you, you have to put in additional work. It is just not enough to leave it to your banker or investment broker. You need to keep a constant watch on how the market – in whichever market you have invested in – is moving. Normally your usual newspaper would have a business page, which would give you insights into how the markets are moving.

If you have invested in a particular company, watch how that company is faring in the market. Don’t go just by a day’s quote. Watch out for the company’s performance being reported in the press. In stock markets, the long term position needs to be looked into. If at a point of time you feel that you have made enough, you can get out of it by selling that stock. Same hold goods for the mutual funds as well.

Remember that investing overseas involves a whole gamut of issues: political, economic, social and international relations. If the country/countries are going through a turmoil, that seems to be scaling up, the best option would be to withdraw immediately. Check out your government’s advisory. If there is a warning advisory, the best would be to cash in and stay out of the upheavals. You can always re-enter later.

If you are interested in playing in the forex market, always remember you are a small fry. The big guns are the governments who trade daily and in large volumes, that is in trillions of dollars. Next are the banks, then the MNCs, and then you. The choice that you have is either learn the game, or invest in software that helps you to take calls on the market. The best way would be to join a team of investors who specialize in the forex markets, and who know what they are doing. The returns are high, since the risks involved are also equally high!

If you are not satisfied, just simply withdraw.

About the Author:

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