Is my money secure in the stock market?
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Question
For someone like me who would like to dive into a world of financial market, assuming I open a funded account with a U.S broker to trade emini S&P. What will be my assurance that my money is secure on any circumstances especially I am not a US citizen and I live in Asian country?
After the financial crisis we cannot say that our money is never 100% secure anywhere. This includes banks in my opinion. There have been professionals brokers going bankrupt although you wouldn’t expect that. We are not immune to bankruptcy and our money is probably not sure anywhere so I don’t think there’s any point in being to worried.
During the crisis there’s always opportunities to make money. Most millionaires were created during the great recession in 1929. So if you are looking for opportunities you’ll find it. And worst case you’ll lose some money - you can always get it back.
I know that trading is not the easiest and I don’t want to lie telling you that you’ll become rich in two days by just taking a course. I do believe that it is more safe to trade than to work a normal job during recessions and economic crises because you can always find opportunities and don’t run the risk of a firm firing you or going bankrupt. You’ll have to sacrifice and do much to be able to learn but it will be worth it! I have been able to travel the world and see so many new things all while working and earning money. That’s life and Freedom most people dream of but don’t have.
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Is my money secure in the stock market?
Is my money secure in the stock market? stock market game | |
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| How-to & Style | Upload TimePublished on 19 Dec 2017 |
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