People find a lot of ways to earn extra money, but it’s hard to do it without spending a whole lot of time and energy. Most people have to learn a new skill, often returning to school or getting a certification for a job that will allow them to work a few extra hours. Others go the DIY route, opting to drive around for Uber or become an Etsy entrepreneur knitting artisanal beer coozies.
We’re not knocking those methods, but in the modern world, people want a second income method that serves as a foundation. That’s why so many young people are learning how to invest in 2017. We expect to live longer, so we understand that by starting young we can give our investments lots of runway to build and grow.
You don’t have to be young to benefit from investing, however. But you do have to have money, skill, luck, or some combination of the three. Most people think that to become an investor, you have to start out with a lot of money. Everybody knows that Warren Buffett makes billions off of stakes in single companies, but people with comparatively little to invest can’t hope for much reward.
That’s why spread betting is such an attractive investment opportunity in today’s world. Even for people who don’t make a ton of money, or who don’t already possess an investment education, starting an account with ETX Capital is a great learning (and earning) opportunity.
Spread Betting Explained
Spread betting is a little complicated to explain, but really easy to do. If you want a quick education, start a free educational account with a trusted broker like the one linked above. It’ll let you make all of the decisions you would if you had a regular account, without having to risk any real money. You won’t win anything, but while you learn you won’t lose either.
Spread betting shows the user many different stocks, indices, commodities, bonds, etc. These prices are changing in real time, fluctuating up and down like all assets do. All the user has to do is guess which way an individual asset price is going to move.
Spread betting is so-called because, at any given moment, there is a price above and below an asset’s current value which is known as the “Spread”. The upper price is known as “Buy” and the lower price is known as “Sell” (sometimes known as “Ask” and “Bid”).
If a user guesses that a stock’s price is going to be higher one day from now than it is at the point the contract is locked in (money is risked), then that price has to go higher than the Buy price when the time is called. If the price has exceeded that value at the end of 24 hours, then the user gets money in proportion to how much money he risked in the contract. Losses are incurred similarly.
Spread Betting for Extra Cash
Spread Betting offers fast returns to skilled users. People who have been involved for a long time start to get to know the assets they’re betting upon very well. No one can tell the future, but users make very educated guesses about value fluctuations, based on their knowledge of the real-world events which influence value change.
This exciting investment form provides quick results, and can be performed on just about any web-connected device you own. You can start with very little money, and see high percentage returns within minutes. It takes experience and knowledge to win often, but experienced spread betters make extra income and even entire their entire living on this derivative investment form. With practice, you can too.
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