Spread Betting in simple terms is a platform aimed at the financial markets which allows you to trade on price movements. YES, Spread betting is a glorified educational form of gambling on the financial stock exchange. Spread betting in the UK is tax free. The Risk and Reward profile for this financial instrument is extremely high. You can easily turn your existing capital into multiple folds in a single trade. Equally you can lose your entire inheritance or wealth in a single trade if you forecast the market wrongly.
‘Its our problem-free philosophy Hakuna Matata’.
In 1994 Disney (Lion King) introduce one of the best catch phrase which we use once in a while in our conversation to elaborate on the chill-pill alternative. If children and kids were allowed to invest on stocks and shares supported by their own research and justification, they will be more successful that any fund manager in the world. They basically posses the spirit of Hakuna Matata with no worries on the investment they commit to. -Read More
I am in my mid 30s with comfortable level savings, steady outgoings, credit card debts are under control, matured career, afford to travel a couple times a year and not into any more gadgets or expensive gear. Some at 36 have kids and others are still single. But the common ground for both mid 30s is comfortable level of savings. How do I invest for growth? Is it too late to take a little risk? Continue reading “How to invest and become a millionaire? (Mid-30s)”