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Forex Trading

Forex As A Pyramid Scheme Why you should stay clear of forex by Fanboy

Because forex trading requires leverage and traders use margin, there are additional risks to forex trading than other types of assets. Currency prices are constantly fluctuating, but at very small amounts, which means traders need to execute large trades (using leverage) to make money. This is obviously exchanging money on a larger scale than going…

Forex Trading

Saving vs Investing: Know the Differences and How to Choose

It’s up to you whether you choose an IRA or a Roth IRA, but either way you should invest in a tax advantaged account. In 2018, you can contribute up to $5,500 per year and, if you’re 50 or older, an additional $1,000 per year catch-up contribution. First, get your 401(k)’s or other workplace retirement account’s matching contribution.…