Let's forget about trading, where and how do you invest? what do you think of investing in stocks? or maybe real estate? And have you ever seen anyone investing in the forex market?
My goodness!!! You must be born yesterday. You can invest in stocks, real property.... You don't invest in forex. You trade it. You can also trade stocks, real estates....
buy indexes (ETFs), monopolies (AMZN, WMT, GOOGL, CME), high dividend stocks, MLPs all gradually. hold for 14+ months real estate is good but illiquid you can invest in non$ denominated short term bonds instead of FX
Given how fast the governments are printing money, the only form of “currency” that is worth having in the future would be gold and silver. It’s best to only invest in things that you understand, because if the investment goes up, then you won’t know when to get out of it, and if you buy something and it starts going down, then you’ll blame the person who gave you the advice. If you don’t understand how things work, and you for example might invest in gold, and then when/if the stock market crashes as in 2008, it most likely will take gold down with it for a few weeks/months as people will be selling stocks in the gold sector as well to meet margin calls in their equity margin accounts. You then might decide that gold was a bad investment, and you might get rid of it at its very lows while other people will start buying gold at discounted prices, and then you’ll be in disbelief to see gold skyrocket right after you sold it. This is just one possible scenario. Basically, stick to investing ONLY in things that you understand.
%% YES, some RE. Some black gold related, avoid woke-broke, or ESG. Gold, silver ,copper, metal blends , postal stamps, buckskins, brass, nickel, beaver skins, tobacco, Fed notes , wampum have all been US money..... Stocks in form of stuff like SPY, other ETFs + related; occasional trades also. Some money market + Community Banks. Metals business , like tin, stainless steel, copper, brass, fabricated metals, other metals..... I also invest in books, but seldom sell any; give some away>10% overall . Wisdom is profitable to direct. Good question.
I think investing in commodities can provide diversification and a hedge against inflation. I always find it beneficial to invest in metals, especially gold.
%% IBD had printed some great Smith & Wesson charts/RGR = great long tern uptrend [single stock risk] I read in a historical newspaper where they listed the price of some real estate sold in ''buckskins''[aka bucks] USa has had some great forms of money; copper, pennies ,half pennies, silver, gold,Fed notes, tobacco, buckskins, beads[aka wampum] beaver skins. Some of those old copper pennies sell for 7 figures I asked again if the metals dealer bought any gold lately , cashier window always posts gold + silver price; no she says. They do mostly brass, some brass shells, copper, steel, lead , old cars, tin, any metal ...... They had an old red caboose/ they sold it
The best investment in Germany is real estate. The real estate market in Germany is stable, and rental income can be lucrative. Additionally, investing in real estate can provide additional benefits such as property appreciation over time
Stocks! The easiest way, no you can't trade in forex, and take a look at jnj, it seems to be a good one