NORTH PORT, Fla., Feb. 5, 2014 /PRNewswire/ -- Dmitri Chavkerov of Forex Peace Army believes that for those who do not know how to invest themselves, it is important to choose the right and stable investment funds in order to gain good returns on their savings. Dmitri Chavkerov's website Forex Peace Army has been instrumental in exposing many forex trading scams over the years.
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According to Dmitri Chavkerov, it is necessary that traders become aware of the availability of various investment options before making a final call on where to put their money. The best investment options are always the most stable funds with good returns. Traders can seek the support of experts and friends regarding the best sources to invest into, but Chavkerov recommends to make the final decision themselves.
"At one point of my life, I thought about completely retiring and just transferring my money into some stable fund, which would grow it for me. So I asked a friend who knows almost everything there is to know about banking and different funds to make a recommendation of where I should put my money. I wanted the fund to be very stable, and at the same time, I wanted to get good returns on my money. This guy told me that I am much better off investing on my own, but I insisted that he makes a recommendation. This guy recommended me some funds, and I reviewed all of them, coming to a conclusion that indeed investing on my own is much better," says Dmitri Chavkerov CEO of Forex Peace Army.
Dmitri Chavkerov believes that a successful investment decision would be to invest into those funds that not only provide good returns but also stability.
"I particularly liked two of the funds, and figured that I would recommend them to friends who didn't know how to invest. One is called Mosaic Fund, which is inside of Pictet Bank in Switzerland. Pictet is one of the biggest private banks in Switzerland that has been around since 1805. Mosaic is a billion dollar fund, but surprisingly, the minimum investment is only $10,000. It has been around since June 1, 1994. While many funds went bankrupt in 2008, Mosaic only lost -15.5%. In 2006, they gained 13.2%, in 2007 17.4%, and in 2009 11.2%. Their performance is net gain already after their management fees," says Dmitri Chavkerov President of Forex Peace Army.
"Another fund that I was also impressed with is based in New York. It's called Optima Futures Fund. It's been around since June 14, 1991, and in 2008 while many funds went bankrupt, this fund managed to gain 1.1%. In 2007, it gained 8.9%, and in 2009, it gained 12.7%. Their 1.1% gain instead of a loss in 2008 is what impressed me the most, because when it comes to savings, I'd rather see smaller yearly gains with no yearly losses than the other way around. This is a much smaller fund than Mosaic, with assets of only around $100 million, but its minimum investment is $250,000," says Dmitri Chavkerov Chief of Forex Peace Army.
Dmitri Chavkerov advises traders not to just blindly invest into these funds, but do further research of other available investment options and most up-to-date performance of the ones just mentioned.
"If I knew nothing about investing and banking, here is what I would do with my money. First I would gain $10,000, and then I would invest it into Pictet's Mosaic fund. I would keep my money in this fund, and keep adding to it, until I was sure that I could safely invest myself with a gain of at least 20% per year by doing paper-investing (simulated investing without real money). In my opinion, keeping money in Mosaic and safely gaining 5-10% per year on average is much better than keeping money in a bank account, without knowing what to do with your money," says Dmitri Chavkerov, Forex Peace Army's President.
Forex Peace Army has been helping traders gain a clear understanding about the forex trading arena with both theories and practical guidance. Forex Peace Army has been operating successfully for over 8 years now.
"It's always better to deal with banks and funds directly, without a third party, because a third party always wants to get paid. I hope it's obvious to you that I have no gain or interest in recommending these funds to you. It's simply a recommendation from my heart and experience," says Forex Peace Army Chief Dmitri Chavkerov.
SOURCE Forex Peace Army
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