Friday 26 July 2013

Forex And The Quest For Greener Pastures
  
It is no secret that large numbers of Ghanaians and indeed Africans are making spirited efforts to leave their homelands in the quest for greener pastures in the developed economies of Europe and America. Many are frustrated over time, when the consular authorities of these Western nations refuse them visas. Others who succeed mostly are faced with the only option of taking up menial jobs to survive while many young girls are introduced to prostitution.

What about those who settle down to profitable jobs and vocations abroad especially in other African or Middle Eastern countries, only to wake up to the bizarre: A violent revolution that threatens not only the very fabric of nationhood but their very lives. They find that they are engaged in a scramble to save their souls. The only option is to get out - and fast! Usually, with the clothes on their backs and little else.

All the investments, cash deposits, businesses of all sorts are left behind and often vandalized and looted in the armed melee. The recent uprisings in Cote d' Ivoire and Libya are good examples. These poor folks return to start from square one. It is a very challenging situation many will never recover from.

This is one good reason to consider learning to trade Forex or having an Forex account managed for you by experienced professional traders. Imagine that you were a Forex trader or you had a Forex managed account and you were one of the returning Ghanaian refugees to Ghana. You would certainly have adjusted in no time at all! 

If you were a trader in consumables in Libya, you would be counting your losses and feeling sorry for yourself. If you have a family, they would soon be tired of taking care of you and you may find yourself on the streets and this is even if they show up at all! but a Forex trader who knows his onions on the other hand, would only need to ask around, locate an internet hotspot or internet cafe or get a modem. Get on his computer or use the internet cafe's, log into his Forex account and get busy.

In a matter of weeks, he's off the streets or off welfare and taking care of himself. within months, he can get back on his feet fully and voila! He's into money again.

Armed uprisings in foreign lands can derive you of all you have labored for over the years. Banks are usually looted or closed down leaving many unable to access their funds. The advantage of Forex is that, Forex traded funds are out of the reach of armed gangs or rebel forces because they are held in foreign banks but can be traded from any where through the internet.

Enjoy your weekend. 

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