3 Things You Didn't Know About Financial Spread Betting Explained
I'm a big fan of spread betting. The spread betting phenomenon has opened up financial trading to many more people - it makes accessing the markets so fast, simple and - best of all - cheap! But it does have its detractors - those who dismiss it as "gambling", or as too risky. In my view, financial spread betting can be explained as no more gambling than other investment. Fortunately, the Chancellor takes a different view, which is why it enjoys its tax-free status! Of course, there's an argument that if you can make something too cheap and too easy to access - but I'll leave that debate to anyone gamdom stocking up on "buy one, get one free" beers at Tesco - That's not to say that we can't all still learn a thing or two about spread betting, so I thought I'd pass on a few points that you really should know if you're a spread better... Financial spread betting explained: 1. Long-term spread betters make more money The statistics go som...