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Currency Trading Or Dogs-of-the-Dow.
By: Mike Pauli
Have you ever heard of the Dogs-of-the-Dow system. It’s a well known system in
the stock and trading business. There are several stock brokers who have earned
a lot of money by working with this system. They have been using it for several
years now. They think it’s a safe way to let your money grow slowly but
consistently.
If you know the Dogs-of-the-Dow system you know that the system makes on a
yearly basis a better percentage then the index. If you started using the system
several years ago and used it properly for those years you would have earned a
nice percentage each year. Double figures are not uncommon and a high yield
income of 17.7 % average annual return since 1973 has been made. The Dow Jones
Industrial Average overall return was 11.9 % during that same period. So you
would have made almost 6 % more each year. Not bad at all!
If you have never heard about it then let me explain how that system works.
At some point in the year, mostly early January, you take a look at all the
companies that give you the highest dividend payment.
You make a basket (several companies added together) then you decide how much
percentage you will spend on each company. Next you buy stocks of each company
to a curtain amount of money you have available and wait until the year passes.
When the year passes you can see the difference between your starting amount and
ending amount. Now you can see if you have earned some money and if so how much.
If you don’t want to trade frequently the Dogs-of-the-Dow system is a very
relaxing, defensive and profitable way of investing.
If you want to make a higher profit, trading can be a better and faster way.
Foreign currency trading in particular, Foreign currency trading requires a
little more than just knowing the currency course rate. You have to understand
some basics techniques of how the market trades those currencies.
Trading with Forex gives you to right knowlegde and techniques. Even if you're a
beginner. You can easily turn $ 50 into $ 1000 within several months. When
you're more confident about trading you'll have more fun.
Trading can also be done 24 hours a day. Around the world trading markets are
open 24 hours a day. Lets start trading.
About the Author:
I’m a internet marketeer with websites about how to make a profit online and
mental coaching http://www.powerfulltradingcourse.com http://www.powerfullmarketingtools.com |