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Recent Money Morning Articles
Perhaps you’re saving up some money for a holiday.Or a deposit on a car or house…Maybe it is just some savings for your ‘rainy day’ or emergency account…Whatever it is, we all have savings accounts.Here’s the thing though – if you save correctly you could stand to DOUBLE thereturns on your savings!Let me explain… The ETFs that are better than your savings account
Like many other commodities, Iron Ore started 2023 on a high note.From January to mid-March, it rallied over 23% higher.From there, the Iron Ore (and other commodities) price started to turn…and head in the other direction.But surprisingly the direction changed after it dipped below $100 in late May.Since then, it has soared over 35%! So why the about turn for Iron ore when many other commodities have not followed suit?
“Hi Timon. Losing more money than I intend is always a worry. I am thinking of cases where certain markets just drop suddenly and quickly. How do I protect my trading account? Is a stop-loss the only way, should I have a few accounts and what do you think of putting all your eggs in one basket with trading?”