Everyone desires to receive passive income periodically, but is there such a way? The answer is definitely yes. And this is a PAMM account where you can invest, as they say, without making much effort. In general, this is an account like a piggy bank, combining the capital of a trusted manager (trader) and those wishing to earn money (investors).
The bottom line is that the trader enters into trade transactions in various financial markets, and with a positive outcome, the profit received is proportionally distributed between the trader and all investors. All the subtleties of choosing a broker and a PAMM-account manager, we examined in a separate article: PAMM investing.
8 pluses when investing in PAMM accounts
Plus number 1. Availability
In order to invest in a PAMM account, you do not need sky-high sums to start. No special knowledge of Forex trading activities is required. It does not take into account such parameters as age, social status, education, specialty. This will not require a complete immersion in the work or constant analysis of the market, because these tasks are entrusted to a trusted manager.
Plus number 2. Passivity of income
Passive income that does not take time is a great prospect for anyone who wants to be independent, free. For those who are looking for confidence in the future of tomorrow.
Plus number 3. Confidentiality
Due to the fact that in our country the Forex market is not legally regulated in terms of taxation, you can safely earn money without fear that the state will take part of the profits.
Plus number 4. Profitability
Funds invested profitably in PAMM accounts will increase them several times more per month than a bank deposit per year.
Plus number 5. You can exit the PAMM at any time.
For each investor, it is really possible at any time to stop participating in investing and withdraw their capital. Thus, the money will not just lie at home, but will be able to work and multiply themselves. And if necessary, you can pick them up, and more than was originally invested.
Plus number 6. Risk minimization
As in any business, there is the possibility of losses, but they will be proportional to the share of invested capital in the PAMM account. A way to further reduce risks also exists - to split the capital and invest in several different PAMM accounts.
The PAMM Index, which displays PAMM accounts by indexes in accordance with the criteria formed by the broker, will help reduce time and increase profits. Here, the risks of losses are minimized, since the invested funds are naturally divided between all PAMMs included in it with different managers. In the event that one account from such a PAMM index incurs losses, accordingly, profitable transactions from another immediately return the balance. That is, as a result, starting capital is still in the black.
Plus number 7. Minimum PAMM Account Deposit
Those who are faced with investment issues know for sure that in small places you can invest small amounts of money, but not in PAMM accounts. Here you can become an investor from $ 100 or even less.
Plus number 8. Capital insurance
There are broker companies with an investment insurance system. For example, the same PAMM 2.0 allows the manager in case of loss to compensate for the% loss from his capital, having previously agreed on the amount with the investor.
PAMM accounts - This is a profitable investment without specialized knowledge, however, requiring the competent choice of a PAMM-account manager. The optimal selection of such accounts depends on the goals and opportunities, respectively, they can also generate income in different ways!
