Special Thanks To Tradimo© For the Forex Explanation!!
Here at Dominion Group Global we have partnered with a company that not only provides knowledge and tools for those that want to learn investment strategies; but as well as a means of creating wealth. Some people may stumble into financial security. But for most, the only way to attain financial security is to save and invest over a long period of time. You too can do as the rich by having your money work for you. This is how the rich stay rich, by INVESTING!!!
There are two ways your money can work for you:
Your money earns money. You get paid for a length of time from someone using your money. You then get your money back plus “interest.” Or, if you buy stock in a company that pays “dividends” to shareholders, the company pays you a portion of its earnings on a regular basis. Also you can invest into the FOREX and your money can make profit off of various currency trades you participate in. Now your money is making an “income.”
You buy something with your money that could increase in value. You become an owner of something that you hope increases in value over time. When you need your money back, you sell it, hoping someone else will pay you more for it.
Compound interest is a key aspect of investing. With compound interest, you earn interest on the money you save and on the interest that money earns. Over time, even a small amount of savings can add up to big money and help you achieve your financial goals.
Sweet: If you buy a $1 candy bar every day, it adds up to $365 a year. Put that $365 into an investment that earns 5% a year, and it would grow to $465.84 by the end of five years. By the end of 30 years, you would have $1,577.50. That’s the power of “compounding.”
All investments involve some degree of risk. If you intend to purchase securities such as stocks, bonds, or mutual funds, it's important that you understand before you invest that you could lose some or all of your money.
Unlike deposits at FDIC-insured banks and NCUA-insured credit unions, the money you invest in securities is not federally insured. You could lose your principal, which is the amount you've invested. That’s true even if you purchase the securities through a bank.
The reward for taking on risk is the potential for a greater investment return. If you have a financial goal with a long-term horizon, you may make more money by carefully investing in higher-risk assets, such as stocks or bonds. On the other hand, investing solely in cash investments may be appropriate for short-term financial goals. The principal concern for individuals investing in cash equivalents is inflation risk, which is the risk that inflation will outpace and erode returns.
Again we are not brokers but merely marketing associates that's offering VALUABLE Resources and Opportunity to those who would like to make residual income as well as better position themselves to create wealth for their families to learn about Trades & Investing. We concentrate on building one's Financial Literacy . For more information or to get started, email us at email@example.com