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I want 20% of my portfolio to be held directly in foreign coins, but i dont want it to be static, but to get intrest rate on my holdings
i dont know any tool that can give me that, except bonds issued by countries, if there is such, please let me know, and in any case, how do i buy those bonds, for example, if i want to buy colombian bonds issued by the goverment, how do i do it?
thanks alot in advance

2007-02-06 14:20:53 · 1 answers · asked by elid1979 2 in Business & Finance Investing

by coins, i dont mean old coins, but foreign currency, thanks :)

2007-02-06 14:27:05 · update #1

1 answers

Trading foreign currency is not done with foreign coins.

To trade in foreign currency, you buy options on millions of, whatever currency you particularly like.

For $5,000, you can probably control more than $1,000,000 of foreign currency. So the leverage is fantastic.

But if you don't know what you are doing (Coins?) you will lose a lot of money real fast,
Stay away from "Forex" until you have had tens of years of investing experience and are really understanding of markets and what affects them.

2007-02-06 14:53:54 · answer #1 · answered by bob shark 7 · 0 0

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