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| General Forex Discussion General discussions about Forex market. |
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Forex is quickly becoming the most popular & lucrative way to invest your money. However there are many other options. Besides Forex, how else do you invest your money & which has been the most successful for you??
There's many to choose from, stocks, bonds, futures, options, commodities, crude oil(becoming very popular), precious metals, real estate etc.
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I stick to forex mainly, its the easiest asset class to make money on, although recently i have started to trade oil and gold.
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I agree trading Forex is a great way to make money, besides I know it best so it's become fairly easy for me as it is for anyone who gains experience.
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I think some penny stocks can also be very profitable, especially in the current market.
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Forex is a good way to make money but also one of the riskiest. Therefore a safer bet would probably be, part forex and a mixed portfolio consisting of bonds, real estate, and gold. Its wise never to put all your eggs in one basket.
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That would be more secure but probably not as profitable..
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I personally invest nearly all of my profits from forex trading into stocks, and more specifically into high quality market-leading companies such as Tesco and Rio Tinto (when they are temporarily oversold).
I trade them for short-term gains and also hold onto some for the very long-term to collect the dividends. The good thing about this recession is that there's some quality companies trading at bargain levels (and offering excellent dividend yields) if you're prepared to hold for the long-term.
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