When you spend time reading travel and finance blogs around the internet, you start to notice that a lot of people seem to be traveling a great deal of the time. How. Do. They. Do it? Most of us have many reasons why we can’t travel very often at all, much less for months at a time. We’ve got jobs, kids, mortgages, clubs, friends, and all manner of other things that tie us to a specific region.
The main reason why we can’t see ourselves traveling a great deal (at least for most of us) is that this would be a quick and reliable way to go broke. Travel is expensive, and when we travel we can’t work for income, right? Wrong.
Today, more people than ever are working online, or identifying other methods of creating income on the internet even without checking in with a traditional employer. One of the most popular and fastest growing ways to achieve this latter feat is to learn how to succeed at spread betting.
What is Spread Betting?
So what is spread betting anyway?
Spread betting is a kind of speculative investment that lets users look at the current prices of stocks, bonds, indexes, currencies, commodities and more, and try to guess how these prices are going to change in the coming minutes, hours, days, and weeks.
Let’s say you have been interested in Apple for many years, and you’ve started to gain an understanding of how and why Apple stock’s price changes in the day to day. You know so much, in fact, that you can predict with general accuracy how the price is going to move most of the time.
Unfortunately, Apple stock is expensive and you don’t have enough startup capital to buy enough Apple stock to make a difference in your life. Is there any other way you can use your knowledge about Apple stock to give yourself some financial advantages in life?
Spread betting gives you that opportunity. When you make a spread betting account with ETX Capital or other trusted platform, you’ll be able to make contracts that lock in your guess about the future value of some asset. You’ll choose a specific period of time, at the end of which the contract will end. If the value of the asset has gone up or down according to your prediction when time is called, you’ll make money in proportion to the amount of money you risked. If the price went the other way you’ll lose the investment. As you can see, the more you know about an asset’s value fluctuation causes, the better you’ll do.
Why Spread Betting Works for Professional Travelers
Spread betting works for travelers because it can be done internationally, it can be done at your own schedule, it’s fast, and it can be done with limited startup money. Spread betting is available in some form almost anywhere in the world, and where it isn’t you can usually use a VPN to get what you need done.
Spread betting doesn’t take much time to do, and you can do it at your own schedule. You can also start with small amounts of money, much less than would be required if you were actually buying the assets you’re making your educated guesses on.
At the end of the day, people who gain the knowledge and experience to excel at spread betting are able to generate reliable secondary (and sometimes primary) income. This income can be used to pay for your life at home, or finance your long term travels. Traditional income is no longer necessary to live the life you dream of.