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Top 10 Most Popular FAQs

Saving involves setting aside money for future use with low risk and modest returns, ideal for short-term goals. Investing involves putting money into assets with the potential for higher returns and greater risk, suitable for long-term growth.

A stock represents ownership in a company, providing a share of its profits and losses. Investors can use stocks to gain from a company’s growth and potentially earn dividends.

Forex investing involves trading currencies to profit from fluctuations in exchange rates. Traders buy and sell currency pairs to leverage price movements in the global currency market.

A pip is the smallest price movement in a currency pair, typically measured to four decimal places.

Consider investing when you have a financial goal, a longer time horizon, and can accept the risk of potential losses. Investing is best for building wealth over time.

Typically, you should invest when you have a clear financial goal, a longer time horizon, and can tolerate potential risk. Investing now can help you build wealth over time and achieve your financial objectives.

A share is a unit of ownership in a company or financial asset. By purchasing shares, individuals invest in the company’s success and can benefit from its performance through price appreciation and dividends.

Cryptocurrencies are digital assets that use blockchain technology for secure, decentralized transactions. Investors can buy and hold cryptocurrencies to benefit from their potential appreciation and technological innovation.

The spread is the difference between the bid price (the price at which you can sell) and the ask price (the price at which you can buy) of a financial instrument. It represents the cost of trading and impacts potential profitability.

Leverage allows investors to control a larger position with a smaller amount of capital, magnifying both potential gains and losses. It can enhance returns but also increases risk.

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