Why Start Forex Trading To Accumulate Wealth Faster, Create Multiple Income Streams & Secure Your Financial Future?
You might be asking yourself, “Why start Forex trading?” And I get it. Not everyone wants to become a Forex trader.
If I’m honest, I never had any strong desire to start Forex trading when I was growing up. And if it wasn’t for the Internet creating the opportunity to trade Forex from home, I would have never pursued working in the finance industry.
But once I realized I was not on the path to financial security and decided to do something about it… Forex trading became the cornerstone of my investing activities.
So, why start Forex trading? Because if you are not on the path to a secure financial future… Forex trading can help you create the wealth you need in the time you have.
I’ll explain more below.
Why You Need To Be Investing
Here is a fact….
It is very difficult to retire with the money you need
to live a comfortable life by saving alone.
Just living a frugal life and stashing money away is probably not going to get you to a secure future.
However, when you invest, you put your money to work to make more money. As a consequence, investing supercharges your wealth creation exponentially.
Unfortunately, by the time most people come to this realization, it is too late. You see, most investment opportunities require 30 – 50 years to build your investment into money that matters.
So, unless you got started investing in your 20’s, your investment efforts are not going to add up to the wealth you probably need to secure your financial future.
This is exactly what happened to me. Once I finally decided to prioritize investing for my future, I was already in my late 40’s. And when I calculated my potential returns from common investments… it was depressing.
I needed a way to accumulate wealth faster by getting better returns than other investment opportunities. That was the only way I could acquire the wealth I need to secure my financial future.
Luckily, I had started Forex trading. And that turned out to be the best decision I’ve made regarding my financial well-being.
If you haven’t done so already, go through the entire Start Investing Guide for more information on the importance of investing and how to get the highest rate of return.
Beat Other Investment Opportunities
With Forex Trading
Once I realized how important investing is to my financial future I wanted to get the best return for my investment as possible. Strike that.
I NEEDED to get higher returns than other investment opportunities.
All investors need a benchmark to measure their investing progress. The returns of the S&P 500 are the common benchmark for investors. This means, your investments are on track if you are getting between 6% and 8% average yearly gains over the long term.
You see, since I have less time to watch my investments grow, I need better returns on my investment. If I can beat other investment opportunities, I can accumulate wealth faster.
Let’s see if Forex trading can get me there…
Wow. I’m sure glad I started Forex trading.
This graph shows the huge profit potential Forex trading has over the S&P 500 benchmark. If you started with a $2,000 investment… which type of returns would you like to see?
Pretty obvious, right?
Forex trading allows me to accumulate wealth faster, so I can create the wealth I need in the time I have. This is very important since I got a late start investing.
But greatly outperforming other investment methods is only one reason I love Forex trading. Hard to believe, but there are more benefits to starting Forex trading for wealth accumulation.
Create Multiple Income Streams
With Forex Trading
Above you see a chart showing what 1 of my Forex accounts can do. But the wealth building does not stop there.
I trade MULTIPLE Forex accounts:
OK, so what is going on here?
Firstly, I only trade one Forex trading strategy. It is very easy to learn and very easy to trade. As a matter of fact, I only spend 1 minute a day trading, 4 days a week.
Secondly, I only trade one currency pair and place a maximum of one trade at a time.
So, where do the multiple accounts come from?
I trade different accounts with different take profit levels. (This is why you see 3R, 5R and 10R on the chart. This reflects the different take profit level).
Here is how it works:
- Trading strategy – One
- Currency pair – One
- Trades – One per account
- Take Profit Levels – Different for each account
Doing things this way allows me to create multiple income streams… all focused on accumulating wealth faster.
So I can make extraordinary returns from Forex trading compared to other investment opportunities. And I can do that MULTIPLE times.
Are you starting to see why Forex trading is at the heart of my investment efforts?
Making more money through Forex trading is great. But making more money through Forex trading MULTIPLE TIMES is even better.
Forex Trading For A Secure Financial Future
Why start Forex trading? For me, it is born out of necessity. And thankfully Forex trading exists, and I can beat other investment returns.
If not, reaching my financial security goals would be all but impossible.
So look, if you are on the path that leads to financial security, you might think you don’t need to start Forex trading. That is your choice.
Although, I don’t know why you would want to turn your back on the extraordinary profit potential Forex trading provides.
If you started to invest when you were 20 and are happy with your returns, Forex trading is not a necessity. Again, why you would want to ignore the potential profits is beyond me. And again, this is your choice.
But if you got a late start, like I did, or haven’t even started investment… Forex trading might be the only way for you to reach financial security by accumulating the wealth you need.
Luckily Forex trading exists. And fortunately you can learn to do this without a long learning curve. Literally, you can start Forex trading in just 1 minute a day.
I get it… not everyone wants to start Forex trading.
When I mentioned the need to learn Forex trading to my wife and god-children I was met with rolling eyes. You’d think I was asking them to clean a sewer full of dead spiders.
They thought they were going to have to learn about economic theory and watch financial news all day. When I told them they could do it in just 1 minute a day by following some simple rules… there was less resistance.
But when I explained how much money was at stake… they really got interested. Especially my god-daughter. I could almost see the dollar signs blinking in her eyes.
If I am happy with what I accomplish through Forex trading by getting a late start… just think about the possibilities of my god-children getting started trading Forex in their 20’s. It boggles the mind.
My point is this…
Even if you never had the desire to start Forex trading before… you might want to give it a serious look. If you are getting a late start building wealth for a secure future, this might just be exactly what you need.
To Your Wealth,
If you’re still not ready to start Forex trading to accumulate wealth, get this free training: