Being a traveler doesn\u2019t always mean you have to burn through your savings<\/strong> before coming home and working to save up again.<\/p>\n While that was the formula of the 70\u2019s and 80\u2019s hippie wanderers, whose stories of \u201cgap years\u201d inspired many.<\/p>\n \u00a0<\/p>\n Back then\u2026<\/em><\/p>\n They would travel a few months to a year only to return and work again\u2014repeating the cycle until they settle down or realize that it\u2019s impossible not to go back to a 9 to 5 job.<\/strong><\/p>\n That was then, this digital age is NOW.<\/strong><\/p>\n \u00a0<\/p>\n Today\u2026<\/em><\/p>\n People afflicted with wanderlust have been finding ways to lengthen their time on the road thanks to the concept of \u201cDigital Nomadism\u201d.<\/strong><\/p>\n The rise of digital nomadism<\/p>\n<\/div>\n You may have seen them around:<\/em><\/p>\n Travelers working on their laptops on a caf\u00e9 fronting a beach in Palawan, Philippines, a library in San Francisco, on a veranda of an Airbnb place overlooking the mountains of Italy, while inside a bullet train in Japan or almost anywhere where they can bring their work and mix exploring the world and funding it at the same time.<\/p>\n \u00a0<\/p>\n The term \u201cDigital Nomad\u201d was first coined in the late 1990\u2019s to describe a group of people\u2014usually travelers\u2014who work remotely by depending on technology<\/strong> connecting them to their workplaces and clients from all over the world.<\/p>\n \u00a0<\/p>\n Here\u2019s the thing:<\/em><\/p>\n Digital nomads always rely on tapping the potential of cloud technology, Voice-over-Internet Protocol (VoIP), Wi-Fi internet and content management software to bring their work anywhere they go in the world as long as there is internet connectivity available.<\/p>\n A digital nomad<\/p>\n<\/div>\n Skills and jobs that are always been associated with digital nomadism are:<\/p>\n Looking back\u2026<\/em><\/p>\n There is a previous misconception about being a \u201cdigital nomad\u201d in the early 2000s as poor and broke backpackers who earns barely enough money to fund their travels.<\/strong><\/p>\n This wrong notion fortunately, is now replaced by a positive reputation as more remote jobs becomes available<\/strong> and the rise of digital entrepreneurs and traders<\/strong> among the digital nomad community.<\/p>\n Digital nomads are now becoming online traders<\/p>\n<\/div>\n Yes, a growing number of location independent workers are now diving into the world of stocks trading.<\/p>\n \u00a0<\/p>\n Surprisingly\u2026<\/em><\/p>\n A lot of them are finding success by becoming digital traders.<\/strong><\/p>\n In fact, they end up making more money<\/strong> not only to help fund their travels but also set them up for future retirement.<\/p>\n \u00a0<\/p>\n Many digital nomads are investing in mutual funds<\/a> and ETFs (Exchange Traded Funds)<\/a>. While these are good options, it requires a large savings on a long-term investment<\/strong> to achieve a small gain.<\/p>\n \u00a0<\/p>\n The last couple of years though\u2026<\/em><\/p>\n A new investment strategy called CFD (Contract for Difference)<\/a> trading has become a popular method of investment.<\/strong><\/p>\n \u00a0<\/p>\n How does it compare?<\/em><\/p>\n When trading index CFDs, you pay the price difference between the opening and closing dates of the contract wherein in ETFs, you need to pay for the maximum price of the underlying asset.<\/p>\n \nCFD trading is ideal for short-term strategies and has a moderate risk but high-reward potential.\n<\/p>\n<\/blockquote>\n Take note:<\/em><\/p>\n Your goal as a digital nomad-slash-trader, is to grow your fund not only as a source for your expenses while traveling<\/strong>: accommodations, food (and beer), tour and transportation.<\/p>\n But also, to fund for your retirement<\/strong>\u2014from being a digital nomad.<\/p>\n When you think being a digital nomad is already a good way to spend life, imagine how a retired digital nomad is even better.<\/strong><\/p>\n Visualize doing nothing but traveling without having to work on your laptop anymore.<\/p>\n \u00a0<\/p>\n Once you familiarized yourself in the world of CFD trading, you can now start studying which stock is best fit your financial goals.<\/strong><\/p>\n Select a company that has a proven strong share value performance and a bright revenue forecast.<\/strong><\/p>\n \u00a0<\/p>\n For example:<\/em><\/span><\/p>\n If you are also looking for companies that does business in the travel industry, you can take a closer look at these companies that currently has a positive stock forecasts from several financial analysts:<\/p>\n Hertz \u00a0 (\u00a0)<\/span><\/strong>, Wynn Resorts \u00a0 (\u00a0)<\/span><\/strong>, Uber \u00a0 (\u00a0)<\/span><\/strong>, American Express \u00a0 (\u00a0)<\/span><\/strong>, Royal Caribbean Cruises \u00a0 (\u00a0)<\/span><\/strong>, TripAdvisor \u00a0 (\u00a0)<\/span><\/strong>, Expedia \u00a0 (\u00a0)<\/span><\/strong> and American Airlines \u00a0 (\u00a0)<\/span><\/strong>.<\/p>\n These are just some of the travel-related stocks you should analyze closely to invest.<\/p>\n \u00a0<\/p>\n While the tourism industry has taken a dive during the 2020 COVID-19 pandemic, the so-called \u201cpent-up demand\u201d of travelers who got stuck in their homes for months<\/strong>, is expected to bring in a stream of revenues.<\/p>\n This will be made possible by the phenomenon of \u201crevenge travel<\/a>\u201d that is sure to happen once the economies of the world start to fully re-open.<\/p>\n \u00a0<\/p>\n News flash\u2026<\/em><\/p>\n Accommodation booking website Airbnb has just filed for an IPO on August 19, 2020. This is another interesting stock to watch out for.<\/p>\n \u00a0<\/p>\n Other stocks to consider are the usual strong performers such as: Google<\/a> \u00a0 (\u00a0)<\/span><\/strong>, 3M \u00a0 (\u00a0)<\/span><\/strong>, Nike<\/a> \u00a0 (\u00a0)<\/span><\/strong>, Tesla \u00a0 (\u00a0)<\/span><\/strong>, Apple \u00a0 (\u00a0)<\/span><\/strong>, Amazon \u00a0 (\u00a0)<\/span><\/strong>, Starbucks \u00a0 (\u00a0)<\/span><\/strong>, Netflix \u00a0 (\u00a0)<\/span><\/strong>, Microsoft \u00a0 (\u00a0)<\/span><\/strong>, Intel \u00a0 (\u00a0)<\/span><\/strong>, Snapchat \u00a0 (\u00a0)<\/span><\/strong>, Walmart \u00a0 (\u00a0)<\/span><\/strong>, and Boeing<\/a> \u00a0 (\u00a0)<\/span><\/strong>.<\/p>\n \u00a0<\/p>\n The two highly-innovative trademarked online trading platforms of eToro<\/a> and Plus500<\/a> are among the best choices<\/strong> to start your CFD trading right now.<\/p>\n Both trading applications comes laden with features that gives investors complete control and easy management of their portfolios.<\/strong><\/p>\n \u00a0<\/p>\n eToro also has a feature called TravelKit CopyPortfolio<\/strong> where you can analyze the actions of the popular travel-related stocks on the market today.<\/p>\n eToro\u2019s TravelKit CopyPortfolio<\/p>\n<\/div>\n 61% of retail CFD accounts lose money.<\/span><\/p>\n \u00a0<\/p>\n Some of the PROS of using eToro includes:<\/em><\/p>\n Advanced social trading network features (CopyTrading and CopyPortfolios), real-time quotes, all-in-one trading platform and wide-range of payment options plus a rich set of helpful features.<\/p>\n eToro web-based platform<\/p>\n<\/div>\n 61% of retail CFD accounts lose money.<\/span><\/p>\n \u00a0<\/p>\n Used by almost 14 million traders worldwide<\/strong> today, eToro continues to entice investors because of its reliability and variety of features that satisfy the requirements of both seasoned and rookie investors.<\/p>\n eToro is a very flexible social trading platform<\/strong> that provides traders a powerful medium to grow their investments.<\/p>\n \u00a0<\/p>\n A lot of traders are raving about the trademarked trading platform of Plus500<\/strong>\u2014especially when transacting on CFD stocks because of its many helpful features and user-friendliness that also comprises a set of risk management tools that gives traders more control and security of their investments.<\/strong><\/p>\n \u00a0<\/p>\n Some of the PROS of using Plus500 includes:<\/em><\/p>\n A stable platform, zero commissions, attractive spreads, unlimited use of demo account and fully regulated by CySEC, ASIC and FCA.<\/p>\n Plus500 Web Trader platform<\/p>\n<\/div>\n 84% of retail CFD accounts lose money.<\/span><\/p>\n \u00a0<\/p>\n Available in mobile application of through the WebTrader internet browser version, ![\"The](\"https:\/\/www.realforexreviews.com\/wp-content\/uploads\/2020\/09\/The-rise-of-digital-nomadism.jpg\"\/)
![\"The](\"https:\/\/www.realforexreviews.com\/wp-content\/uploads\/2020\/09\/The-rise-of-digital-nomadism.jpg\")
<\/a><\/p>\nWhat is a Digital Nomad?<\/strong><\/h3>\n
![\"A](\"https:\/\/www.realforexreviews.com\/wp-content\/uploads\/2020\/09\/A-digital-nomad.jpg\"\/)
![\"A](\"https:\/\/www.realforexreviews.com\/wp-content\/uploads\/2020\/09\/A-digital-nomad.jpg\")
<\/a><\/p>\n\n
![\"Digital](\"https:\/\/www.realforexreviews.com\/wp-content\/uploads\/2020\/09\/Digital-nomads-are-now-becoming-online-traders.jpg\"\/)
![\"Digital](\"https:\/\/www.realforexreviews.com\/wp-content\/uploads\/2020\/09\/Digital-nomads-are-now-becoming-online-traders.jpg\")
<\/a><\/p>\nInvesting while on the road\u2014such as CFD Trading<\/strong><\/h3>\n
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Attractive Stocks for Digital Nomads<\/strong><\/h3>\n
Best Brokers for Stock CFD Trading<\/strong><\/h3>\n
eToro<\/h4>\n
![\"eToro's](\"https:\/\/www.realforexreviews.com\/wp-content\/uploads\/2020\/09\/eToros-TravelKit-CopyPortfolio.jpg\"\/)
![\"eToro's](\"https:\/\/www.realforexreviews.com\/wp-content\/uploads\/2020\/09\/eToros-TravelKit-CopyPortfolio.jpg\")
<\/a><\/p>\n![\"eToro](\"https:\/\/www.realforexreviews.com\/wp-content\/images\/reviews\/etoro\/pic1.jpg\"\/)
![\"eToro](\"https:\/\/www.realforexreviews.com\/wp-content\/images\/reviews\/etoro\/pic1.jpg\")
<\/a><\/p>\n
\nPlus500<\/h4>\n
![\"Plus500](\"https:\/\/www.realforexreviews.com\/wp-content\/uploads\/2019\/09\/Plus500-Web-Trader-platform.jpg\"\/)
![\"Plus500](\"https:\/\/www.realforexreviews.com\/wp-content\/uploads\/2019\/09\/Plus500-Web-Trader-platform.jpg\")
<\/a><\/p>\n
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