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Every person wants to invest his hard-earned money in a place that will bring in handsome profits in the long run. At the same time, they care to find an investment that is safe and least risky. Till a few years ago, prior to the economic meltdown to be precise, real estate was hailed as the most stable investment option. The reason was because it allowed you to earn through diverse ways through rentals and property appreciation. However, the recession proved the notion false.
A review of the economy post the recession period showed a large number of homeowners underwater. It was estimated that a quarter of the homeowners in the US were stuck in negative home equity. The prices of real estate continued to drop and the rate of foreclosure increased by the day. People’s money was blocked and in the bid to salvage their investments people sold their holdings for prices almost 50% of the asking price anticipating a further drop in prices. Almost 8 years since the worst housing market crash, the real estate market is picking up, but the recovery is slow and tenuous.
Given the current scenario, Forex Managed accounts are a better way to make money and build a solid retirement plan. It offers several advantages over real estate and we’ve discussed the main ones below.
1. A Liquid Investment –
Forex managed accounts enjoy a high level of liquidity. You can open and close a position when it is most convenient to you. In case of real estate, even if a seller wants to dissolve his investment, he cannot do so unless he finds a buyer for his property. Thus, the investment capital gets blocked.
2. Low Initial Investment Amount –
If you want to trade in Forex and are thinking of setting up a managed account, you needn’t have a big bank balance or a good credit rating. You can start by investing with very little capital; an amount you can afford. Thus, you can start earning irrespective of your investment budget.
3. Higher Level of Transparency and Control –
You can get all the transaction details in your account. You also have access to your money manager and can ask them questions regarding every transaction. Although the account is managed for you, you enjoy an equal amount of control and investing flexibility. You can change the account preferences. You can add and remove funds as well as enter and exit market positions.
4. Little Time and Effort Required –
When you have a real estate holding, you have to spend time, effort and money looking after and maintaining it. This isn’t the case with a Forex managed account. It involves very little, actually no time and effort investment on part of the investor because the account is managed professionally by a money manager. The money manager will scour the market for good investments and make the right decisions at the right time.
