|
Work
At Home >> More
Money-Management Articles >> Currency Trading or Dogs-of-the-Dow Have
you ever heard of the Dogs-of-the-Dow system. It’s a well known system in
the stock and trading business. There are several stock brokers who have
earned a lot of money by working with this system. They are using at for
several years now. They think it’s a safe way to let your money grow
slowly but consistently.
If you know the Dogs-of-the-Dow system you know that the system makes
yearly a better percentage then the index.
If you have started using the system several years ago and used it
properly for those years you would have earned a nice percentage each
year. Double figures are more then ones made. A high yield income of 17.7
% average annual return since 1973 has been made.
The Dow Jones Industrial Average overall return was 11.9 % during that
same period.
So you would have made almost 6 % more each year. Not bad at all.
If you never heard about it let me explain how that system works.
At some point in the year, mostly early January, you take a look at all
the companies that gives you the highest dividend payment.
You make a basket (several companies added together) then you decide how
much percentage you will spent on each company. Next you buy stocks of
each company to a curtain amount of money you have available and wait
until the year passes.
When the year has passed you make op the balance and see how much you have
earned.
If you don’t want to trade frequently the Dogs-of-the-Dow system is a very
relaxing and defensive and profitable way of money investment.
If you want to make a higher profit, trading is a better and faster way.
Foreign currency trading in particular. Foreign currency trading requires
little more than just knowing the currency course rate.
You have to understand some basics techniques of how the market trades
those currencies.
With the right knowledge and techniques you can easily turn $ 50 into $
1000.
Trading then isn’t just making money it’s also fun.
The fun is that it can be done 24 hours a day. When one market closes the
other opens up. So you go from New York to Amsterdam to Tokyo to Sydney
and back to New York.
Want to hear about the benefits of trading foreign currency instead of
other money investment products.
This article was added on: April 16, 2006.
|
