Is an investor an exceptional person?
We all know this stereotype: investors are elderly, dignified, and serious people wearing suits and holding cases full of securities, with gadgets or newspapers with the latest news in their hands. They often look tired, since they sleep little because of a heavy workload. Some of them look worried because investors encounter a lot of risks and it requires a lot of professional skills to receive income from investing (good investors are, of course, high-earners!).
This is exactly the picture that can appear in the mind of a person who would read Google search results for “investor”.
But here is a question: does a usual person see a lot of investors in his life? Just think about it, how often did people in suits, with cases in their hands, their faces concentrated, catch your eye in public transport during the rush hour or, say, in the evening in a supermarket? Have you ever seen Warren Buffett or George Soros in your life?
“Of course not!” you would say. “Investors do not use public transport, they drive around in luxury cars. Investors do not go to supermarkets, they eat in posh restaurants. I will hardly see any investor in real life but I can see them on TV”.
You are probably right: you will hardly bump into George Soros in your favourite café. Still, it is quite possible to see another type of investors: because investors today are actually not as different from ordinary people as you may think. There is even more to that. Most likely, you see investors every single day. And that can easily be proved!
Show me an investor!
Life moves on. Evolution affects every single sphere of human life. It is the same about investing. Most of investors indeed used to slave away over papers, calculating the possible returns, estimating the risks and looking for “safety heavens” for their assets. These days, however, a lot of them have changed suits for striking bikinis and have moved from stuffy office rooms onto comfortable beach chairs.
You used to see investors only on TV. These days no one can be absolutely sure that the chef in their favourite restaurant or their personal fitness coach is not an investor. Do you want to see an investor? Take a better look at your friends or acquaintances.
“Where are these transformations from? And how on earth did my friends manage to become investors?” you would ask. “Surely they do not have so much money!”
These transformations occurred when asset managers appeared – they are professional financial market players and they undertake an obligation to multiply their customer’s capital for a certain percent from the future returns. Since these experts appeared, a lot of investors have felt relieved. From that point on they no longer had to manage their own capital. They no longer had to seek where to invest their fortune to make it work and bring returns, that rather tiresome and worrisome part was no longer necessary.
Asset managers moved investing onto a new level, expanding the circle of investors to a great degree. Since then a lot more people have been able to invest into this or that kind of asset. People used to call investors those who themselves decided where to invest their money, i.e. they were knowledgeable in the spheres of economy and finance. Once asset managers appeared, the category of investors also began to include people with a large capital but who are completely unskilled in managing it.
This service quickly became popular in the high-yield FOREX market as well. Competent managing traders helped a lot of people make their fortunes bigger. The only problem was that those traders refused to work with small investors. Their customers’ fortunes totalled tens of thousands dollars at the very least. This made asset management available only to certain privileged people. However, a little over a year ago this barrier fell.
Mill Trade is a magic factory to “produce” investors
In early 2013 Mill Trade Dealing Centre emerged in the market. Its appearance created a real furor not only among FOREX traders (collaboration terms offered by the company to those wishing to trade independently are very profitable) but also among FOREX investors. So how did the company manage to get the attention of money-makers? Of course, with its investment programs: high-yield and ultra-reliable ones.
For instance, the Golden 7 investment program appealed to market participants for the new approach it took to investing: every investor used to have only one manager and now Golden 7 offers seven of them! To be more precise, the capital of each investor is distributed between the accounts of seven professional managers who trade in FOREX. Such a distribution of funds significantly decreases a probability of a loss on the investor accounts, because all of the seven managers cannot show poor trading results simultaneously! Besides, the Golden 7 team does consist of professionals. For example, recently an analyst famous in the CIS, author of books on trading, professional asset manager, financier with over 25 years of experience, Eric Naiman has joined the Golden 7 team. The investors are happy! Although, they were pleased about the returns earlier too – on average, they used to receive around 10% profit of their deposits monthly, after a small commission fee was deducted.
But the best thing about Golden 7 is the size of the minimum capital to join the program. This is simply amazing but Mill Trade has managed to do what used to be thought impossible. Thanks to the investment distribution system, the company has made investing into FOREX available even those who can afford to invest only $300! This is indeed the best FOREX investment proposal. This is why we say that among investors today could be any person you know. Because three hundred dollars is not that big an amount; however, it is enough to start making passive income.
And there is more to that! Mill Trade has one more collective investment program called Mill-invest and it provides even more security, 100% of it, to your investments. Investors here monthly receive a stable profit of 7%!
This program works similarly to Golden 7; however, there are not just 7 managing traders here but a whole team of them working for you. The degree of the company’s confidence in them is so high that Mill Trade insures an investor’s deposit and guarantees that his or her funds will be multiplied under any circumstances. In order to join Mill-invest an investor needs just $3,000 and the profit will be $210 already in a month! Should someone invest, say, $50,000, then in a month they will receive a profit of $3,500! No financial institution can offer such a return combined with a degree of security this high.
This is the reason why Mill Trade investment offers appeal both to large and small investors.
Investor of the future inside each of us
How hard is it to be a FOREX investor? It is more of a rhetorical question. How can something that requires neither effort nor any time at all be hard? Besides, it brings you a high income.
Being a FOREX investor is easy, pleasant and profitable. And now that Mill Trade has launched its innovative programs, investing into the foreign exchange market has become available virtually to everyone. This type of activity has moved to a new level and these days more and more people are investing in FOREX.
Away with business suits, weary faces and getting wealthy in the old age! Today investment programs in FOREX help ordinary people make money! They wear casual clothes and go to the same supermarkets as you. They visit your favorite restaurants and movie theatres. They sunbathe next to you on the beach.
A serious person in a business suit sleeping 3-4 hours is an investor of the past. Each of us, thanks to Mill Trade, is an investor of the future!
FTSE Russell to include 11 stocks from China’s STAR Market in global benchmarks
SHANGHAI (Reuters) – Index provider FTSE Russell will add 11 stocks from China’s STAR Market to its global benchmarks, according to a post on its website from Friday.
The move marks the first time shares from Shanghai’s Nasdaq-style STAR Market for stocks in China have been included in a global index.
The 11 stocks include Raytron Technology Co Ltd, Zhejiang HangKe Technology Co Ltd, Montage Technology Co Ltd, Advanced Micro-Fabrication Equipment Inc China.
(Reporting by Josh Horwitz and Samuel Shen in Shanghai; Editing by William Mallard)
UK insurers estimate to pay up to 2.5 billion pounds for coronavirus claims
(Reuters) – The Association of British Insurers (ABI) said on Saturday insurers are likely to pay up to 2.5 billion pounds ($3.50 billion) for UK’s COVID-19 insurance claims incurred in 2020.
The latest estimates include 2 billion pounds for COVID-19 business interruption claims and 500 million pounds for COVID-19 related protection insurance claims, travel insurance claims and other general insurance products.
ABI’s Director General Huw Evans said in a release that the pandemic illustrated some uncomfortable gaps between what people expected to be covered for and what their policy was designed for.
“We need to learn lessons from this unprecedented event and redouble our efforts to improve consumers’ trust in insurance products,” he added.
The insurance trade body said 123,000 claims have been settled with payment so far and a further 9,000 have received partial payments as of mid-January 2021.
($1 = 0.7139 pounds)
(Reporting by Maria Ponnezhath in Bengaluru; Editing by Marguerita Choy)
Oil extends losses as Texas prepares to ramp up output after freeze
By Devika Krishna Kumar
NEW YORK (Reuters) – Oil prices fell for a second day on Friday, retreating further from recent highs, as Texas energy companies began preparations to restart oil and gas fields shuttered by freezing weather and power outages.
Brent crude futures ended the session down $1.02, or 1.6%, at $62.91 a barrel while U.S. West Texas Intermediate (WTI) crude fell $1.28, or 2.1%, to settle at $59.24.
For the week, Brent gained about 0.5% while WTI fell about 0.7%.
This week, both benchmarks had climbed to the highest in more than a year.
“Price pullback thus far appears corrective and is slight within the context of this month’s major upside price acceleration,” said Jim Ritterbusch, president of Ritterbusch and Associates.
Unusually cold weather in Texas and the Plains states curtailed up to 4 million barrels per day (bpd) of crude production and 21 billion cubic feet of natural gas, analysts estimated.
U.S. energy firms this week cut the number of oil rigs operating for the first time since November, according to Baker Hughes data.
Texas refiners halted about a fifth of the nation’s oil processing amid power outages and severe cold.
Companies were expected to prepare for production restarts on Friday as electric power and water services slowly resume, sources said.
“While much of the selling relates to a gradual resumption of power in the Gulf coast region ahead of a significant temperature warmup, the magnitude of this week’s loss of supply may require further discounting given much uncertainty regarding the extent and possible duration of lost output,” Ritterbusch said.
Oil prices fell despite a surprise drop in U.S. crude stockpiles last week, before the big freeze hit. Inventories fell 7.3 million barrels to 461.8 million barrels, their lowest since March, the Energy Information Administration reported on Thursday. [EIA/S]
“Vaccines and the impressive rollouts we’ve seen have delivered strong gains, as have the efforts of OPEC+ – Saudi Arabia, in particular – and the big freeze in Texas, which gave oil prices one final kick this week,” Craig Erlam, senior market analyst at OANDA, said.
“With so many bullish factors now priced in, it seems we’re seeing some of these positions being unwound.”
The United States on Thursday said it was ready to talk to Iran about returning to a 2015 agreement that aimed to prevent Tehran from acquiring nuclear weapons. Still, analysts did not expect near-term reversal of sanctions on Iran that were imposed by the previous U.S. administration.
“This breakthrough increases the probability that we may see Iran returning to the oil market soon, although there is much to be discussed and a new deal will not be a carbon-copy of the 2015 nuclear deal,” said StoneX analyst Kevin Solomon.
(Additional reporting by Ahmad Ghaddar in London and Roslan Khasawneh in Singapore and Sonali Paul in Melbourne; Editing by Marguerita Choy, David Gregorio and Nick Macfie)
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FTSE Russell to include 11 stocks from China’s STAR Market in global benchmarks
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