The last three growth reports have been weaker than expected, which is stoking fears about the UK’s economy. If inflation continues to rise, while wages stagnate and the pound continues to drop, then Britons could be in a bit of a bind. That’s why it’s now more important than ever to make sure you’re recession proof.
Since the Brexit vote, the pound has been weak and unstable. Some gains have been made, but on a whole, Sterling has been on a downward trend. Consumers have been paying more for imported goods, and the weak pound has pushed consumer prices up. This, combined with a 0.25 per cent interest rate and high inflation is putting the squeeze on the UK economy and people in general.
Becoming recession proof
With such dire threats to your wellbeing, it’s important that you protect yourself and your family. You need to find ways to make money while the economy may be struggling, so you can provide for those you most care about. Trading Forex can be that way.
Why you should trade Forex
The global world that we live in means money is changing hands each and every day, whether it’s people going on holiday and spending different currencies, or mega corporations funding multi-billion-dollar deals. They all go through the Forex market.
This, combined with news announcements and report releases, causes the Forex market to shift constantly.
The advantages of the Forex market
The Forex market is open 24-hours a day. This means you can trade whenever you want. Once you can read the signs, and if you have the right software, you can safely place trades while protecting 98 per cent of your money.
And because you can trade on markets going up or down, you’re not reliant on positive results.
Learn to Trade
We can teach you how to safely generate a second income (which is tax-free in the UK) and protect you and your family from any economic uncertainty. You will, in effect, be recession proof.
To find out more, come along to one of our free Forex workshops.