Today it’s no longer enough to be employed and have a regular wage... So rather than simply keeping money in the bank for the future, it seems that making it grow is a far better option.
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New York, NY (PRWEB) October 13, 2012
The Great Recession has reduced American families’ median net worth by 38.8 percent, according to the latest report released by the Federal Reserve. The Survey of Consumer Finances, a triennial survey conducted by the Fed, shows that the median wealth of US families has plunged from an average of $126,400 in 2007 to $77,300 in 2010. This amount wipes out nearly two decades of accumulated wealth, bringing down US household net worth down to levels last observed in the early 90’s. With this staggering drop in US families’ wealth and the scarcity of jobs today, New York-based investment consultancy group Binary Options Experts states that it’s time for Americans to consider alternative sources of income, such as short term trading and investments.
Experts from the company state that engaging in binary options trading offers a good source of income for a number of reasons; for instance, this system of trading is simpler and much easier to understand than other popular areas of trade:
“Trading in the varied financial markets requires one to research and be abreast with the latest happenings around the market. Moreover, the technique of trading and making profits is highly complex. However, this is not the case with binary options trading as it is very simple and straightforward,” state consultants from Binary Options Experts.
“Binary options traders only have to make a determination of the price of the asset over a specified time frame. When the analysis is correct, they get a predetermined payout, irrespective of the magnitude of price change, except that the direction of price change is correct,” they explain.
In addition to being simple, another feature that makes trading digital options a highly attractive source of income is the short timeframe. Experts from the company explain that trades using this system of trading last only minutes to an hour, and that payments are all made and settled at trade expiry.
Company experts add flexibility as yet another benefit that binary options traders can enjoy: “One of the most important benefits of trading binary options is that it is not limited to one market but can be used to trade varied markets like forex, the commodity markets, stocks and even the global stock indices. This provides flexibility to a trader’s portfolio, enabling him to make profits from different markets,” they explain.
The last benefit that American families can enjoy when they choose to trade binary options is transparency. According to the company’s experts, “With binary options trading there are no surprises. The payout is predetermined before entering a trade. This means that the trader is aware of the potential loss and profit he would be making, allowing him to manage risk, limit losses and to gain maximum profit.”
With US families struggling to maintain wealth, trading indeed offers a feasible and highly profitable means to grow American families’ hard-earned money. Binary Options Experts supports this move towards financial independence:
“Today it’s no longer enough to be employed and have a regular wage. As the Global Financial Crisis demonstrated, plenty of good employees lost their only source of regular income. So rather than simply keeping money in the bank for the future, it seems that making it grow is a far better option.”