In order to increase capital, you should initially deal with two concepts: expenses and income. Most wealthy people have reached their level of material wealth precisely because they have managed to correctly redistribute not only expenses, but also profits. Considering the options of a professional to increase your budget, we pay attention to two steps on the path to material well-being, skipping that, you should not count on material prosperity:
- The calculation of all profits: benefits, pensions, wages, part-time jobs and more.
- Calculation of expenses: transport, food, sports, large purchases and other articles.
Having rationally assessed your financial situation, you can take active steps and consider priority areas for investing.
How to distribute profits and expenses?
After completing the two items described, the numerical values are compared, and, based on the result, further activities are planned. When profits are more than expenses, free capital remains, which will be increased in the future. If income and expenses are equal, you need to reduce spending or take care of additional sources of income. Similarly, it is worth acting when the expense exceeds income.
Free cash put into circulation will bring interest, gradually increasing, like a snowball. Over time, capital will begin to work on its own, and when the scheme is established, multiplying its budget will not require significant effort.
Investing in OFBU in a bank
OFBU, or the general fund of banking management, are the investment systems that are in every financial institution. Their activities are regulated by the Central Bank of the country. The investment scheme is very simple. In most situations, the investor gives up free funds for management. Every month for several years you will have to make some investments. After a period of three years, when the amount of investment is substantial, the investor will teach you the opportunity to withdraw half of the accumulated funds and transfer them to a personal account, return your hard-earned money. The investor will be paid interest on the invested amount. This option of passive income is very simple to organize, it will resemble a second pension.
Investing in remote control in a bank
Studying the options of a professional to increase your budget, you can not miss the attention of DU (trust management). The threshold for entering this investor program is very high and can be from half a million rubles. In contrast to risks, this is a high percentage of profitability. If you compare with investing in OFBU, then you don’t have to replenish your contribution on a monthly basis, and you can remove interest after the first month of cooperation. Trust management involves the distribution of investment by specialists of a financial institution. Money can be used to buy shares, can be invested in mutual funds or used for trading on the international currency market. Studying the options of a professional to increase your budget, we draw attention to the fact that this area is the simplest and does not require any specific knowledge.
Investment in precious metals
Large financial institutions offer another source of income. Investing in precious metals is becoming increasingly popular. In each bank, you can buy specially released bars of silver, gold and platinum and expect that after a while they will rise in price. Buying gold and silver, especially at the time of their active rise in price, are excellent options to increase your budget.
Currently, investing in this area is not worth it due to the unstable economic situation in the world. If you look at the price chart, you can see that in the last few months all precious metals have been falling in value. Small price increases of about 5% end with another fall.
Investing in stocks and securities
If you have a financial education, and you have information on economic development, you can consider options to increase your budget, such as the purchase of securities and shares. Here you should not count on a one-time investment and lifetime dividends. Ensuring a comfortable life by concluding one successful deal will fail. As mentioned above, the economy is now not stable. Just yesterday, successful and prosperous companies today suffer from a sharp decline in their shares and from a loss of interest from investors. If you have large amounts of funds, you can use the help of investing agencies. For a certain fee, professionals will undertake an analysis of the securities market and suggest the most promising areas for investing.
Currency conversion
Those who want to increase their budget can “play” on currency conversions in times of crisis. You can consider the direction on the example of the situation in Russia in recent months. Those citizens of the country who converted their savings into dollars in the early fall of 2014 have so far increased their capital by one and a half times. Having bought a currency at a low cost, they can already convert it at a different rate today. The only problem is that such exchange rate changes occur in countries only once during several years, during periods of economic deterioration after a long stage of prosperity. As in the case of the purchase of shares or securities, specific knowledge in the field of economics and politics is required here.
Bonds Acquisition
Offering the best options to increase your budget, experts recommend considering the option of buying bank bonds. If you buy securities in a financial institution in which there is a deposit, then you can count on a few additional percent. As for the bonds themselves, they can bring about 12-13% per annum. Despite the fact that bonds are much riskier than a deposit, if you choose the right institution for their purchase, you can expect a decent result.
Online investing
A very common tool of a modern investor is PAMM accounts. A fairly large percentage of people willingly give their money to qualified traders who trade financial instruments in international currency markets. This direction is included in the concept of “excellent options to increase your budget”, since the amount of investment can be very different. It is permissible to give management $ 10, as well as 100, 1000, 10 000 or more. If you learn to choose the right manager, there are no problems with return on capital.
What is a PAMM account and how to invest in it?
Great options to increase your budget - these are the directions with the highest profitability and with minimal effort and time. PAMM accounts ideally match all of these conditions. To begin with, it is worth choosing a prestigious and proven broker company, within which this service is provided. Having studied the rating of PAMM accounts, you should choose the trader you like. As a rule, special sites already have published trading results with a ready-made rating. Simply select the optimal terms of the partnership and enter your capital using the electronic payment system to the account of the person who will manage the funds.
Where not to invest?
Having set a goal to increase your budget, you should not agree to risky offers with high profitability in the shortest possible time. This will not bring a lot of money, but rather will become a cause of disappointment. Unfortunately, there are many scam companies that, under the pretext of investing in promising areas, simply withdraw funds from attracted customers and then disappear from the market. No need to agree to the proposals of companies that do not provide reporting on the distribution of money. Before you transfer a large amount of funds to third parties, you need to study all the details of the partnership.
Do not invest in pyramids
When studying options to increase your budget, do not be tempted by the specifics of participating in financial pyramids, where the interest on the deposit is paid from funds contributed by other investors. Despite the temptation of the proposal, there are quite large risks. You simply may not have time to withdraw your capital from the structure. Earnings through such frauds are possible for those who stand at the very top of the pyramid. Delayed investors not only do not receive the promised interest, but also lose their savings. No one can say when exactly the pyramid will collapse and at what stage of its development it is.
Risk diversification
If you want to invest, you need to not only study, but also use the preferred options of a professional to increase your budget. Do not dwell on one direction of investment. Risk diversification is important. Whichever of the tools for increasing profit is chosen, it involves a certain risk. And if trouble happens, you can be left without funds. When investing is carried out simultaneously in several directions, you can lose only part of your savings. In this case, the profit on the remaining part of the capital will cover losses. This rule applies to the purchase of securities and bonds, and to investing in PAMM accounts or shares. Even small capitals need to be divided into parts and to direct each of them into a certain chosen channel.
Why not rush?
Remember the important rule: it is impossible to increase your budget in a month and become a millionaire. This is not about the promises of scammers, the fact concerns the current situation. As in any business, time must pass to achieve the required material level of well-being. The greater the profitability of the project, the greater the risk of losing capital. Increasing savings is a gradual and slow process.
What can you count on?
If you choose the right professional options to multiply your budget, the result will not be long in coming. The first profit from almost every project can be seen after only one month. The question is to what level it is planned to increase the starting capital. If the goal is to create a material flow that could cover all planned and unplanned expenses, it is not worth taking interest. Consolidation of profits will bring a much broader effect. The invested amount of funds will increase exponentially. If the money is very tight, and without an additional source of profit it is impossible to survive, it is allowed to withdraw no more than 10% of the profit of the investor project. I would like to add that the longer the money will work, the greater the return they will give. It makes no sense to store your savings “under the mattress”, since inflation will completely eat visible income. Funds should work for a person, and not vice versa.