Investing in FOREX Compared to Other Investment Opportunities
Formerly the domain of large banks and corporations, the field is now a playground open to ordinary individuals.
The following information provides you with a comparison of different investment opportunities compared to Forex trading. Forex can be the perfect opportunity for you if you want to have an open mind and investigate.
Equity depends on a variable factor regarding when to buy and when to sell. With Forex, the opportunity to buy or sell is always there.
Futures require a person to pay an exchange fee as well as a commission fee. Forex does not require any commission or fees. Futures are also limited to certain trading hours, whereas Forex is unlimited and available 24/7. Also, with Futures, once someone buys, they are basically locked for a certain period of time. Forex offers the flexibility to change positions in seconds at the start of any variable that may affect the security of a particular economy. When news or factors are announced late, new trades are executed in seconds.
Real estate can destroy startups and often requires a larger investment. It is also easy to change with the factors that can affect buying and selling. Ask any real estate investor; they can all tell horror stories. The emotional strain of the remaining negative tenants is enough to make any investor raise their hand and run for the hills. An investor may often have money tied up in investments for several years depending on the situation involved. Although real estate has increased in value over the past few years, many now believe that the market has bottomed out and value is growing at a rapid rate. Many investors often have to wait for approval from the bank regarding financing or spending money on financing; therefore, an investor can wrap up his money for the long term. Forex is very flexible.
CD and Savings Accounts offer security but with little return on dollar investment. With Forex, a sharp trader can often multiply his investment many times.
Annuities are mostly safe for the long term, but if the investor needs to withdraw his money for the short term, he or she may have to pay a surrender fee which can be anywhere from 6-8% if drawn in the first 6 to 8. year. In his article entitled, Are Annuities a Worthwhile Investment, Don Taylor, Ph.D., CFA (bankrate.com) states that most investors would be better off considering annuities as a last resort rather than the first choice when it comes to creating an investment portfolio.
There is a learning curve with Forex; however, investing in time can provide many benefits in terms of investing. There are many ways to achieve wealth, but only a few are as flexible and profitable as Forex. With a 24/7 schedule, one can start a business for as little as a few hundred dollars, proper training and computers. This flexibility allows one to work from the comfort of their own home and be in control.