That is, in the first month you have $ 100 in the second - $ 200, in the third - $ 300 , and so on. In other words, every contribution is added to the previous ones, and revenue for the month, expressed as a percentage, is calculated on the entire amount of previously accumulated.
A year later, the amount will be equal to 12 x $100 = $1200, and you'll receive interest on the amount already $1200, and so on. Provided that the monthly rate of return is usually between 4 and 5 percent (for convenience, all further calculations, let's assume 5 %, although the draft states that the yield may vary from 2 to 10%) in the first month we get charged $100 x 5 % = $5, and a year later it will be $ 1,200 x 5 % = $60.
Yes it's just a penny , you say, and will be absolutely right ! But do not rush to conclusions.
First assume compound interest and contribution by 15 investment amount per month will be equal percents and you will be FOREVER get your investment amount
Get ($ 1500 + $ 548.43 + $ 100) * 5 % = $ 107.42
($ 2300 + $ 1729.12 + $ 100) * 5 % = $ 206.46
More than $ 2400 do not recommend investing read the article below. Investing without fanaticism
several reasons why need to do it
because:
do not need to spend days for work, enough 1 hour per week , and then make a profit on autopilot while you sleep , relax, read , swim and enjoy life. It's just cool!
not need to invest large amounts of money for earnings. First, you need one small thing - to open an account in InstaForex and fill it $100 per month in the project Forex profit XXL.
not need to have any special knowledge to work with FOREX PROFIT XXL and it can do the everybody.
do not need to count the days to wages , because wages brings in quite a decent income - $100-$300 a month with the right approach (this is not the limit! )
no need to constantly invest money in circulation, for profit.
Hi Romas:
ReplyDeleteGreat idea. could I start to invest in forex with only € 100?
Hi Pablo, You can start with $10.
ReplyDelete