Ever since I started working as a freelancer I received my payments through Paypal and Payoneer. For a while, everything was just ok because freelancing was not my first source of income, so I always ended up spending all of the money that I earned from online work quite fast. As time passed my income started to grow, up until the moment I decided I was going to take the leap and become a "full time" freelancer. Not literally, since the point of becoming a freelancer is not having to work all the time, I've had enough of that when I had an office job. So I decided to make freelance work become my only source of income. I now have clients who provide me regular work, plus I always get new clients for quick jobs. I managed to earn enough to live the life the way I love, and luckily I can also save some money every month. But then I thought about this money that I was saving, and that was sitting there doing nothing! I thought of opening a savings account in a bank, but the rates were too low, and I never really liked banks anyway...
After doing some research I found some interesting ways of investing my money online and multiply my savings. The one that really caught my attention was online trading. Basically, it's dealing with stocks, commodities, indices and currencies (I'm quite sure you've watched "Wall Street", "Margin Call" or "The Wolf of Wall Street", haven't you??). I found many platforms and I decided to try eToro, a social trading network.
One of the most interesting features of this platform is that it allows you to copy other traders. You can access the profile of the most succesful traders, see their portfolio, their statistics (earnings, losses, performance, etc.) and copy all their trades. This is how it works: You assign a certain amount of money to copy a trader, and you get a percentage of his earnings (proportional to the amount of money that you invested in him/her), but you can start copying anyone with just U$50. There are plenty of excellent traders to choose from that will guarantee you quite decent monthly earnings (A LOT more than you could expect from a bank, that's for sure). For instance, I have part of my savings invested in stocks from Apple and Google, two companies that show a solid graphic of constant growing (Google's shares have grown 900% in a 5 year period!). You can buy Google shares starting from as little as U$20!
Trading can be VERY risky, so I believe eToro makes it easier for begginers. You can either start copying succesful traders and learn from them, or you can just rely on their skills and let them work their magic to multiply your savings, leaving you with nothing to worry about.
I try to learn and do my own trades, but I still copy other traders and keep stocks from Google and Apple in my portfolio, since the price of their shares will continue to increase without a doubt. In this case, the risk is very low. Skilled traders do a lot of research so they usually know what they're doing. But of course, there's a lot of market volatility, so you have to beware of who you're copying. Truth is, trading is a little bit like gambling, in a certain way.
Another important that eToro provides is the "Practice mode". It's great for begginers who feel they're not ready to risk their money on trading. You can start with a practice account, which allows you to start trading with virtual money. So they will give you a certain amount of money (I don't remember exactly but I think they give you U$2000) and you can try all the features of the platform until you feel comfortable to start using real money. This is a great tool to decide which traders you can copy, since you can first start copying them with your practice account.
If you're interested in joining eToro and multiply your savings, register for free using this link http://etoro.tw/1ieiGsu
You'll get a U$20 gift card to use as you wish (I recommend using it to buy stocks from Apple or Google!). You will also be able to redeem a U$50 gift card to start copying a trader that you choose (You can write me and I'll recommend you some of the traders I'm copying, which will give you at least 10 to 15% monthly earnings).
But! Remember that trading is risky, so be sure to start with a Practice account.
After doing some research I found some interesting ways of investing my money online and multiply my savings. The one that really caught my attention was online trading. Basically, it's dealing with stocks, commodities, indices and currencies (I'm quite sure you've watched "Wall Street", "Margin Call" or "The Wolf of Wall Street", haven't you??). I found many platforms and I decided to try eToro, a social trading network.
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| My profile at eToro |
One of the most interesting features of this platform is that it allows you to copy other traders. You can access the profile of the most succesful traders, see their portfolio, their statistics (earnings, losses, performance, etc.) and copy all their trades. This is how it works: You assign a certain amount of money to copy a trader, and you get a percentage of his earnings (proportional to the amount of money that you invested in him/her), but you can start copying anyone with just U$50. There are plenty of excellent traders to choose from that will guarantee you quite decent monthly earnings (A LOT more than you could expect from a bank, that's for sure). For instance, I have part of my savings invested in stocks from Apple and Google, two companies that show a solid graphic of constant growing (Google's shares have grown 900% in a 5 year period!). You can buy Google shares starting from as little as U$20!
Trading can be VERY risky, so I believe eToro makes it easier for begginers. You can either start copying succesful traders and learn from them, or you can just rely on their skills and let them work their magic to multiply your savings, leaving you with nothing to worry about.
I try to learn and do my own trades, but I still copy other traders and keep stocks from Google and Apple in my portfolio, since the price of their shares will continue to increase without a doubt. In this case, the risk is very low. Skilled traders do a lot of research so they usually know what they're doing. But of course, there's a lot of market volatility, so you have to beware of who you're copying. Truth is, trading is a little bit like gambling, in a certain way.
 |
| Apple's shares almost duplicated their value in less than 6 months. |
If you're interested in joining eToro and multiply your savings, register for free using this link http://etoro.tw/1ieiGsu
You'll get a U$20 gift card to use as you wish (I recommend using it to buy stocks from Apple or Google!). You will also be able to redeem a U$50 gift card to start copying a trader that you choose (You can write me and I'll recommend you some of the traders I'm copying, which will give you at least 10 to 15% monthly earnings).
But! Remember that trading is risky, so be sure to start with a Practice account.
