Hi I am Julia, a stay at home mom with 9 month old daughter so I currently have free time throughout the day. I am an individual writer and not a team. I do not outsource my work and therefore can commit to writing 100% plagiarism free work. I'm sensitive to what makes for a "good read," having had the additional experience of editing, as well as rewriting. The subject matter sounds most intriguing! I am able to craft articles around any Holding Cash For Newbies
For newbies, it is always advisable to hold cash in a savings account or term deposits, even though they may have a very low return. The mistake that most newbies do is that they jump in and use all of their money for investing activities. Usually, they will invest in a low cost index fund, such as the S&P500 composite, the rationale being that it’s low risk and, therefore, safe. Low risk it may be, but in the short term prices can be pretty volatile, with prices dropping 10% sometimes. Such moves could wipe out a newbie’s career before it even takes off. Once you put your money in a trade though, be ready to commit.
Maintaining Your Cash Balance :
So, how do you maintain your cash balance? Do you keep it at a constant level or can it fluctuate? Once you deplete your cash supplies, you should replenish it on a regular basis. Regularly set aside some cash for investing purposes, whether it’s on a weekly, monthly, quarterly or paycheck to paycheck basis. Once you make a profit from your investments, put some into the pi