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Saving for Investment: How You Can Build Your Investment Fund

Dabbling in investments can be really exciting. They can lead to significant gains and even some losses but the gains are much too good to resist. If you want to invest, you will need to have an investment fund. Having a separate fund solely for your investment can help to protect the rest of your money.

Now, so how do you go about building that investment fund? Here are a few ways that we built ours:

Establish a Budget

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First and foremost, a budget can help you keep a sharp eye on where your income is going. If you have a strong idea of your cash flow and what your responsibilities are, you can better see what amount can be set aside specifically toward your investment fund.

A budget can also help you keep track of how much you’ve already managed to set aside.

Go On a Cash Diet

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This is something that banks will probably hate us for—after all, they love it when people are credit obsessed and spending money they don’t have yet. Not to mention all of the lovely interest money that they rake in.

Going on a cash diet (only using cash to purchase or pay for anything) will ensure that you aren’t using your credit card and will keep your payables to a minimum. This means more money will be going toward your investment fund.

Draw Up a Financial Plan

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It is worth noting that a financial plan is very different from a budget. The financial plan takes into account the money you’re directing towards the investment or stocks and what you’re planning to do with it. The very best forex brokers will all show you how to establish a financial plan.

With these tips in the bag, we’re pretty sure that your investment fund will be pooling up beautifully. What do you do to grow your investment fund?

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A Breed Apart: Why Forex Introducing Brokers Are Best for Beginners

The concept of a Forex introducing Broker (IB) is relatively new to some. What a lot of people should realize is the fact that they are really useful when it comes to investing for beginners. An IB—especially a Forex IB—is a pretty good fit for those that are still trying to get settled or learn more about investing.

Let us explain why.

Direct Client Relations

A Forex Introducing Broker deals directly with clients. They aren’t just some voice that you can hear on the phone or left as an email in your inbox. They are real people in the flesh that sit down with you and hear out your goals and misgivings about investing at this time or not.

Direct client relations are best for beginners as this gives them the human interaction and immediate assurance of presence.

Partner Not Employee

A lot of people tend to speak badly of brokers because they think that they are the boss or are given the false impression that the broker is at their beck and call. People who are aiming to invest but are new at it will need a partner rather than feeling they need to be the one to call the shots.

A Forex IB is a good partner for beginners and helps them better understand the lay of the land.

Platform Assistance

If you have ever tried to call into your broker to ask them a question about MT4 or another platform then you know how difficult it can be to get a hold of someone who is actually willing to help. Forex brokers are not generally known for their ability to assist Forex trading when it comes to Forex trading platform related questions.  They typically just refer them to Google or somewhere else to seek the answers they are looking for.  A Forex introducing Broker that specializes in platforms can assist though.  There are Forex introducing brokers available that will assist you in installing your Expert Advisors, figuring out platform related issues, and so on and so forth.

What is Forex Trading

From Visually.