March 17, 2017 by Andrew Minalto - 223 Comments
£1349 Last Month on eToro, Working Just 4h!
This week I have prepared something very special for you – let’s put aside eBay, wholesale and eCommerce for awhile and take a look at one specific way of making money online I have been practising with great success for the last few months. Yes, I’ll share with you exact strategy that generated me £1349 in ONE MONTH alone, and yes – I worked on this just 4 hours in total (1 hour every week)!
Question: How to get extremely wealthy? As wealthy as Warren Buffett for example?
Answer: by using Money to Make More Money!
In some way it relates to eCommerce World as well – we buy stock for wholesale prices and sell for retail prices to make a profit. But Warren Buffett didn’t open a B&M shop or a fast food restaurant chain, no – he used money to invest in financial instruments, such as stocks and shares. I have always been interested in such financial markers, stock trading and generally, in “using money to make more money” concept. Years ago I was heavily involved in Betfair trading, which is actually quite similar to stock market day trading. But already back then I realized that day trading is not for me:
- It was a very boring way of spending your day, glued to PC;
- It was very stressful;
- Potential earnings were some way limited, at least for my trading techniques.
But still to this day, from time to time, I was looking for opportunities to invest money to make more money. With increased profits from my info products business and eCommerce stuff, I wanted to find a way I could invest my profits into some sort of financial instruments to let my money make more money, hands free way!
Problem is that with most traditional financial investment instruments, such as stocks, mutual funds, savings accounts etc. your potential ROI is very small. Risks vary from one instrument to other but in general, in my opinion, reward for taking those risks is way too small! Invest in dividend paying stocks for 5% yearly ROI? 5% per year? I would better use that money to buy a pallet of un-branded Tablets, made in China and sell off in 3 months time for 20-30% ROI on eBay. Yes, selling physical products involve way more work than financial investments but again, 5%-10% yearly returns doesn’t sound appealing to me either!
And then it happened – six months ago or so, when I was searching for some creative ways to invest money, I found a concept that totally blew my mind away! Same concept that few months later made me £1349 net profit in one month alone!!! And today, I’ll share with you exactly how I did it… (more…)
February 6, 2017 by Andrew Minalto - 4 Comments
eToro’s “CopyFunds” – The Easiest Way to Make Money with Trading?
I personally discovered and starting using eToro more than 5 years ago now and my trading journey (with all its ups and downs) has been well documented on this blog. And it’s proved to be of HUGE interest to my blog readers – I get numerous emails every week about eToro, with people asking questions on how to get started and how to find the best traders to copy.
If you haven’t been following my eToro story and would like to catch up, then please take a read through these posts:
£1349 on eToro Last Month, Working Just 4 Hours! – here I introduce eToro, explain what it’s all about and what I find so amazing and attractive about their Copy Trader feature.
My eToro Trading Strategy – Updated for 2013 – in my first update post I reveal my actual trading results! True to form, I don’t hide behind theory or try to hide my mistakes – the opposite, I share exactly what I did with you so you can have the same success and hopefully do even better by avoiding my mistakes!
My 2015 eToro Investment Update – the third of my eToro posts focuses on the layout of the site and all the different stats you’re shown about each trader.
eToro 2016 Review + My Results – after many requests, I created a complete eToro Guide for 2016. This includes information on how to open an account, how to deposit and withdraw money, a complete introduction to eToro and how it works, as well as full details on the personal investment strategy I used to double my money within one year of starting on eToro!
If you don’t want to read all 4 of my previous posts, then just the 2016 update covers EVERYTHING you need to know – it really is a complete and comprehensive guide!
So what’s today’s post all about?
Well it’s not a full results update (that will come later in the year!), but I did want to tell you about an exciting new feature that was introduced to eToro last year… called CopyFunds.
Now you’ve probably all heard of a fund before in terms of trading/investing – think of hedge funds for example. But to put it as simply as possible, a fund is basically a diversified investment portfolio.
If that doesn’t really make sense to you, let me quickly run through an example:
Say I’m an investor, with $100,000. I could put that all into AAPL (Apple stock) which would be a single investment. Or I could diversify and invest $20,000 in AAPL, $20,000 in GOOGL (Google), $30,000 in BABA (Alibaba) and $30,000 in AMZN (Amazon). Or I could split that $100,000 between 20 different companies… that’s basically what a fund is – it’s an investment portfolio, rather than a single investment. (more…)
March 29, 2016 by Andrew Minalto - 53 Comments
eToro REVIEW for 2016 + My Results & Update!
Back in 2012, I wrote an article on this blog about how I had made £1349, working just 4 hours, using eToro – a revolutionary new concept of social investing.
And to this day, that article remains one of the most popular posts I’ve ever published on this blog!
Since then I’ve posted two further updates (after the large demand and requests to do so) – one for 2013 and most recently for 2015. If you’ve never heard of eToro or social investing before, then I strongly recommend you read through my previous posts, starting from the beginning:
The first post explains what eToro is all about, and what I find so amazing about their Copy Trader feature. I also go over my general investment strategy and goals.
The second article is an update I did in 2013 – here I reveal all that I discovered (both good and bad) after my first full year of using eToro. And as usual I don’t sugar-coat anything or try to hide my own mistakes – the opposite in fact! In this update I talk specifically about the mistakes I made and how you can avoid doing the same things.
The third and final of my previous eToro updates covered all the changes to the layout and stats page – which is really the most important aspect of the site when using the Copy Trader function.
So on to today’s post and update for 2016! I actually want to start off today’s update with a short guide on opening an eToro account, as it’s something that I’ve received a lot of questions about.
Opening and Verifying Your eToro Account
Creating an account is 100% free and actually very easy – initially it’s the same as making any online account really, all you need to provide is a username, password, email address, and phone number:
After that you’ll be able to log in, browse the site, and search for traders.
The “difficult part” comes when you want to actually start trading or copying another trader, as you’ll then be prompted to update your profile before you can proceed. (more…)