With the correct strategy you can trade safely
Trading in global markets labels you as an ‘investor’ in the Cashflow Quadrant. And it’s a passive income strategy that has the potential to grow or deplete your wealth in a relatively short amount of time. It is a risky business by nature, but by adhering to the guidelines and strategies presented and shared with you at the WYW seminars, you can use the tools and mitigate the risk.
Risk is perhaps one of the most important reasons why South Africans are opting for global market trading: diversifying assets beyond our own borders in countries with stronger currencies provides a measure of protection against a weakening South African rand and a political atmosphere which, more often than not, seems to be heading for a total meltdown. That, and the fact that exchange control regulations have relaxed.
So, if you’re planning to trade in global markets to bolster your passive income, attend our global wealth, mindset & personal tranformation seminars and get the strategies you need from those that have created their own wealth with the tools and strategies shared with you at the wyw seminars.
Approach trading like a business
It is important to understand that trading is a business. You may be working from home, you may be trading in global markets wearing little more than your drawers, but it doesn’t change the fact that success is predicated on mindset, and the business-like mindset is the one most geared to make money.
Learn to spread the risk
The wealthy know all too well that there’s a correlation between risk and a lack of diversity. When trading in global markets, diversify your investment. This doesn’t mean simply investing in more than one company, but also in different companies. Nor does it mean investment in one type of stock, but rather diversifying your portfolio to include different types of assets.
Similarly, for those familiar with the Cashflow Quadrant®, it’s better to be in at least two or three, or all four quadrants, at the same time, rather than investing all your energy and financial resources in one.