My directory is making good money, these days. I was wondering if any of you invested you money into something else then the directory industry. I read somewhere that in the forex industry, you can make around %200 per year if you are good at it. I found a site, some sort of platform offering forex signals, and I approached its owner. What do you think, should I invest my money there? The rates are pretty attractive.
Forex is about using leverage for better returns but if your theories go wrong you can also lose a lot. Options can give you a nice return. I would just follow the stock market and look for buying opportunities.
i meant stock market ipo's not buying stock directly from market. though u might need a account on that. u can try out yahoo finance link.
There are great opportunities in the stock market if your are patient. For example I loaded up on Goldman Sachs in the $170 range when all the subprime and credit fears reached a high point. Now the stock is at $204. Its all about taking your time and not trying to become a millionaire over night in the stock market.
stocks are booming now as fear is gone, but i think its just catching them on right time, you got the right grip here.
You could always sink some money into an index fund. An index fund is a large pool of the top 5-100 companies on a stock market's listing. By spreading out your investment you are better protected if a single company goes down for the count. It's called diversification.
If your looking to invest it into Forex, then make sure your not investing all your money. Invest only 30%-40% at most.
Rule #1 about investments: No one knows where the market is going, there is NO guaranteed return. Don't be fooled by anyone who guarantees returns, you have to do your homework or pay a consultant to do it for you.
not bad at all, you can go for reliance mutual funds, u will definately get more returns then ur bank interest rates.
it depends on the stock market situation, if ur willing to wait for 3-4 yrs then ur better of investing in stocks directly. u can get returns of about 200-300% + doing absolutely nothing.
ill take some bucks for giving stock tips but m dead sure that u will make ur money x 3 times. in couple of yrs + if u keep for longer term it may grow more. ive seen some stocks run up x 16times amount u invested.