Investment in Currency oR Stock Market?

Question

I want to invest little in currency or stock market. I mean one of them. Can you plz tell me which one is the best option?

And from where i can get knowledge on ths topics, becoz i m just 1st yr graduation student and have very little knowledge abt those topics. But i m interested !

Please guide me?

And tell me if thr is ANY gud investment that i can handle through internet.

Answer 1

Geez, these people are not much help at all

Read the Wall Street Journal, one says. I'll bet they actually think they are informed. But then he says to buy an index-tracking Mutual Fund. Why would anyone pay a stranger who can't possibly beat the index or lower your risk in any way below market risk, and is always "in" the market, when you can do all of things yourself with an ETF on the Dow or the S&P or Nasdaq, or all three and be greatly diversified. Mutual Funds are so twentieth century.

I trade the currency markets, but I don't think you can classify that as "investing." It is really a trading environment, and a long-term "investment" in currencies is 30-90 days. This is a trading arena, very fast and highly leveraged. This is not a good place for beginners to learn how to trade. The leverage is a killer. And if you don't know what leverage is, you are dead before you begin.

I'm proud to report I just made $1600 on a $4000 investment this month trading currencies. That's a 40% return in one month. Sure it's risky, but I manage that risk with a tight rein, and is it more risky than investing in say, Enron?

You have to read vociferously, learn something yourself, before anyone can guide you. You have to find specifically what interests you, and you have to decide how much time you're willing to put into it.

When you develop some trading ideas, try them out on a Simulator at Investopedia. They also have great resources.

"Which Is Better, Buy-and-Hold or Market Timing?"

"Do You Have What It Takes to Be a Market Timer

The Beginner's Bible in Technical Analysis is:
Edwards & McGee"Tech. Anal. Of Stock Trends"

Lowenstein, RogerBuffet (Warren)-The Making of a Capitalist

O'Neil, William J.How to Make Money in Stocks

Schwager, JackStock Market Wizards

----------------------------------

Here's some only sites that may help you

http://www.stock-trading.jims-info.com/...

http://money.howstuffworks.com/...

http://www.investopedia.com/

http://sharebuilder.com/

Answer 2

Forget currency; it's entirely too risky. An index-tracking no-load mutual fund is a good first investment. Read the Wall Street Journal.

Answer 3

You need to be very careful. Make sure the stocks you invest in a suitable to your needs and not too aggressive. I recommend medium growth stocks with some income. I think you should seek advise from a financial firm such as Raymond James. They can help you set up a portfolio with a professional advisor for a very small cost.

Answer 4

I agree that currency is way too risky. Otherwise depends on what you are looking for (short or long term). Stock market on your own is risky as well with smaller companies bearing a higher risk (and return) than larger ones. If you are looking for something more secure, go for bonds (and pick the appropriate rating).

Answer 5

Never invest in Currency without knowing how to read and inturpet six month and three day historical charts.
there are indicators that become prominent before a
quanitive movement in price occur.
Signed, Douglas in far N. Dallas

Answer 6

I don't think either one is a good investment. According to your second paragraph, either one would be speculation to you.

Dave Ramsey has a great plan for building wealth. His focus is on getting people out of debt, but his plan covers anyone no matter where they are on the economic scale.

www.daveramsey.com

Good Luck

Answer 7

When reasonably expecting the worst, buy gold.

Debt is approaching $9t. Minimum wage is about to skyrocket. Europe is committing suicide. Gold, gold, gold!

Answer 8

Hello friend, I use www.sharebuilder.com it's easy and only cost 4.00 dollars.