Etoro Dai Quiz Answers 2021 | MBC

We get this a lot on our site and the answer to Etoro Dai Quiz Answers….Concerns that i speak with new financiers what if you’re brand new to investing you simply don’t wish to decide what you actually want to invest and you want somebody to do it for you there’s just a number of manner ins which that can take place the to start with you can employ a financial investment portfolio supervisor they’ll typically charge a rather a high premium to do that possibly one or two percent of your earnings will go to them the other thing is obviously you can buy mutual funds particular funds are created again with an account supervisor in the background as i’m going to cover in this video they have a service though that’s called copy trading copy portfolios as well now if you’re brand new to an overall please keep in mind this platform is quite sophisticated you can do cfds which naturally cfds are methods of investing

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with not in fact having the full amount of capital so with anything that you’re learning about please do study the platform don’t simply assume due to the fact that i use it that you can utilize it right now do some due diligence have a little play around with it even invest with virtual money they consider that choice also so you in fact get used to the structure of the site and after that when you’re ready to utilize your own money to invest you can do so now i will disclaim obviously your capital is at risk this is investing we’re doing you’re purchasing genuine business if you choose to in this particular video we’re talking about how to copy other people’s investments with your cash so clearly your capital is at danger and we need to bear that in mind do not simply do something because that person has actually said they have actually made earnings 14 months in a row invest in these options since you think is the best ones for you and that being stated let’s dive directly in [Music] The things we’re going to cover in this video is comprehending what is copy trading what are copy portfolios it’s part of social trading which is one aspect that is most likely.

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famous for it’s the alternative to see what other traders are doing amazing we don’t typically get that insight from a great deal of platforms and the other advantage is these copy portfolios are copy trading and so that implies with our money we can really state i wish to do exactly what that trader is doing or match that precise portfolio of choices and essentially every time they make a trade they purchase they sell whatever they do your money will be imitated with it so that means if for instance 10 of their investment portfolio remains in tesla guess what you’ll now be investing 10 of your money in so we’re going to also cover is the costs included actually vital you comprehend what are the expenses of this now with any platform there will be some expense to obviously these are real business that are investing they’re doing the buying the selling for you there’s going to be charges included and even some of the zero charge sites then might not charge you for in fact buying and selling funds or etfs specific commodities specific stocks.

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there’ll be charges on other parts maybe it’s our fx rate when you’re changing from uk to u.s dollars there’s all type of charges associated so do your due diligence and i’m going to show you the charges with in particular in this video the next would be things to understand prior to you really start purchasing copy trading or copy portfolios and finally some best advice best practices if you are thinking of this as a tool whether you begin your journey or your more advanced financier so let’s kick off with fees really essential to comprehend these now on there’s a number of charges there isn’t fees to do with in fact buying and selling all right so commission fees are free nevertheless there are a couple of other charges the first one is withdrawal costs so you can clearly put money in now if you remain in the uk we put our uk cash.

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and it’s automatically converted into us dollars and i’ll cover a little point about that in the future however when you wish to withdraw your cash so you sell your shares you sell your products whatever you’re offering the minimum amount you can withdraw is thirty dollars back out and they do charge you 5 dollars per withdrawal so for me obviously knowing that i’m going to make certain that i’m just withdrawing when i definitely require to now you may say all right that’s rather costly and i get that but it’s all to do with how they run their platform they need to charge costs somewhere and withdrawal fees are just among those alternatives that they have a lot of platforms certainly are free to do such things has this five dollar charge so in my eyes make your withdrawals mainly it can be maybe even once a year as soon as every six months you understand depends entirely how you’re investing however that is a charge to remember the second cost that i have actually touched upon is that conversion fee now with you’re handling us dollars just there’s not a choice to purchase in euros or uk and that’s fine that suits me.

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a lot of my stocks are us dollar stocks anyhow or the etfs that i’m purchasing or even some crypto so i’m good with that we have what’s called the fx currency conversion charge now when you use anyone so if you’re using trading two and two open market anybody this is basic they have actually i expect stuck to whatever charge they charge for that conversion rate you sort of need to accept you know if you wish to utilize their platform go from uk to us then that conversion charge is there what are they actually giving you in terms of your uk pounds to us dollars and all platforms are the same you can’t bargain with them you can’t go to the bank and state give me us dollars instead you have to pay their charges now the terrific aspect of however when you have actually transformed your money you do not have to invest it right now that dollar worth can being in your portfolio as money dollars for as long as you like so that implies the initial day that you purchase or transform your dollars is the only charge that takes place now with copy trading and copy portfolios there aren’t any extra fees so that’s truly great utilizing that part of their website will not certainly restrict you in any way nevertheless we need to understand 2 other costs the first being what’s called spread charges all right and i’m going to show you what i suggest on now a spread cost as i’m going to show you

on is essentially the difference that becomes part of the investment platform in between the buy rate and the list price all right it’s their premium on doing both those 2 actions now tesla if you can see on this part of the website right now tesla’s dollar worth 599 per share in tesla that in fact suggests that when you wish to buy or offer as you can see it’s not the price you’re seeing up here let me show you that once again so the current rate of tesla is the worth of a share what’s called spread charges is the difference then in fact to purchase that share on the platform and you’ll find this all over this is another manner in which they make a percentage of profit from you every time you do a buyer’s share so keep that in mind undoubtedly it’s more pricey to purchase than it is to offer so they’re going to provide you less back with your sale and you state all right well why does that happen it simply does that is the nature of a great deal of platforms out there there’s a difference in between if you’re buying it then you want to sell it and that is how they make a little bit of money on those spread fees it’s usually exceptionally little it could be a matter of pens matter of cents in there but that’s one location every investment company will again make a little bit money now the last accomplishment is called an

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over night cost now this is actually important if you’re actually using cfds yourself too an overnight fee is when you’re refraining from doing that buy sell deal in the exact same day all right there’s then an over night charge charged or perhaps if you go from the friday to the monday prior to cruising a weekend cost now this just applies to cfds so if you’re in fact buying out the etf the stock the commodity and utilizing time one utilize which implies you’re really purchasing the exact possession instead of using utilize anyway you won’t get hit with these charges but these charges are if you’re using utilize and cfds and after that you’re going to have these fees if you’re not buy offering in the exact same day so let’s say if you go into the aid area this isn’t the over night costs details you can see exactly the breakdown and it’ll inform you what are the charges what are the charges then for when you’re doing over night or you’re doing over weekends and that just uses as i said to cfds there are some added fees obviously depending upon what you are purchasing as well this is on your own so keep that in mind however complete charges are completely within their aid information all right and we spoke about in addition to free to deposit in however there’s a 5 dollar charge if you wish to withdraw from anything whether it’s been cfds normal product stock shares whatever there’s that five dollar withdrawal cost now another thing to call it as i have actually said copy trading and copy portfolios are 2 various methods of actually using these copy operates they do not have any extra fees on top of the normal charges that

exist now what you need to bear in mind though is these potentially managed by other people totally or in some cases have produced portfolios you’ve got a genuine person doing the management you need to make sure you choose the person that’s right for you similar to any profession this is your monetary properties so we absolutely require to make sure it’s the best person for us before we copy them so the first things i would call it if you do want to utilize this function we have actually got a number of various alternatives for us to start with if you’re brand new to investing i wish to draw your attention to this within you have the choice to invest genuine cash or a virtual platform virtual means i think you get yep a hundred thousand dollars to play with and it’s not real money that you’re investing you won’t require to put in your credit card details or anything you can essentially have this virtual portfolio simulate as if you are utilizing your own money however actually buy pretend buy copy people whatever you like if you’re not

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feeling comfortable with using your real cash possibly this is a fantastic choice for you again to test the theories all right you may wish to purchase tesla or apple or this etf why not utilize the virtual choice as a method to kind of safe play with it certainly you may have lost out on gains and losses throughout that time of course if you had invested your real money it enables you to construct self-confidence understand the platform so that’s one choice for you then next week and i’m going to return to my real portfolio here now we’re going to deep dive in fact how to copy people and copy portfolios now here’s something to bear in mind before you choose someone that you’re going to copy or a portfolio you’re going to copy make certain you comprehend what your risk profile is now what do i mean by that certainly for me i’m investing long term and they tend to say the longer you’re leaving your investments the riskier you can be run the risk of just indicates am i all right with possibly losing a good quantity of this financial investment or getting as

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well now remember whatever is ups and downs you will generate income you’ll lose cash that’s why they make the statistic 75 people will lose cash however that similarly means they’ll lose at some point in their journey clearly individuals do earn money too and i have actually got videos all about how you can make sure you’re one of the people to actually earn money however in this circumstance make sure you research study your danger level would you be all right giving your cash to someone else which is efficiently what you’re doing and trusting them ensure you comprehend what they’re buying totally if you’re someone who isn’t wishing to be that risky don’t pick somebody who’s totally into crypto or currency conversion think about it you ‘d probably want a foundation of strong products

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like gold or even oil plus more standard etfs and index funds you might not want some up-and-coming single stocks in your portfolio do the same with who you’re following now as i state you can in fact use this too really easily over here you can copy people now it will give you a lot of options and you can utilize the system to really search for somebody that you fancy really following so let’s see perhaps we desire somebody from united kingdom um who invests in let’s see who does etfs they have actually gained at least 10 yeah that sounds reasonable that sounds a good quantity and i can find everyone who has actually met that criteria and it does offer you a threat factor too so it tends to be the higher the number the more riskier they are with their stock investing now obviously there are a variety of people that have quite high returns

remember it’s like anything to do with the news or predictions of the future this does not mean somebody will make 56 for you for the next 12 months they might make 4 or minus 50 there’s no chance to guarantee so do keep that in mind and as basic as clicking the copy button and off you go and after that you know ask you to confirm are you alright with this and off you go now another method to actually deep dive if we click this person for example ruby mza as an example you can really deep dive into what is she actually buying so let’s enter into portfolio and you can see she’s rather heavy into microsoft mastercard amazon she likes her tech a bit so that’s great to understand ibm paypal yep she’s certainly like sort of into those blue box and the tech market she’s got a few of mine really that i purchase too which is excellent so really for me knowing what i like to purchase my specific stocks and shares she would resonate with me she’s got a great spread in tech companies that seems to be what she chooses she’s likewise got a bit more um of the kind of primary food companies and you have actually got you know pharmaceutical and production business as that. Etoro Dai Quiz Answers.

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