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I would to start investing, "buying and "selling" stocks/ money/trades in the most cost effective way possible; I don't have much to start with. Is Invest tools right for me? What do you think of Invest Tools overall? I'm planning to join a seminar really soon. Please suggestions and feedback is needed. Thank you in advance.

2007-03-09 14:36:00 · 3 answers · asked by Anonymous in Business & Finance Investing

3 answers

Investools is a decent company. They teach investor education.

I know a lot of people who've used investools and they've met with differing levels of success. Part of it is the company's fault and part of it is the student's. They have a great system, which when followed will keep you consistently profitable in the long run. Do the right thing and follow the teachings and you'll do fine.

However, for many traders, it's information overload and people get bogged down on trying to do it all. As a result, something falters and they make more mistakes than might be necessary.

The key things to remember is that you need a methodology (which they teach well), a money management plan (which they mention), and discipline to follow your rules (this is up to you!).

They provide the framework to succeed and the education to suceed. If you've got the discipline to go with it, you'll do very well.

Please let me know if you have any other questions!

2007-03-13 11:26:25 · answer #1 · answered by Yada Yada Yada 7 · 2 0

Remember back in the 1990s when a lot of people either retired early or became wealthy? It was relatively simple. With stock prices going up, up, up, I knew a lot of people who simply invested part of their paychecks. They ended up with several hundred thousand dollars in profits from their constantly rising stocks.

I knew others who had already amassed several hundred thousand by the time the stock boom came along. They were millionaires by the time the 1990s ended.

Ah yes, those were the days. Today it's a lot harder. Stocks don't seem to do much any more. You have to invest in risky emerging countries to see much return. And that chance can evaporate overnight taking your money with it.

When the stock market won't bring you any return, most people turn to real estate. But housing prices have peaked in most cities, meaning you can't just buy a house and sit on it for several years to earn a fat nest egg.

So does that mean we have to give up on ever getting ahead and just learn to be satisfied living the average life our jobs can provide?

Not necessarily. These days you have to think differently to get ahead. For example, you've noticed how manufacturing and jobs are heading out of North America to foreign countries. That's bad news for many workers, but it's GREAT news for some segments of the Foreign Exchange Market.

You see, when we buy products from China, or Japan ships products to England, all kinds of currency has to change hands and be converted. There is Big money in that process.

Forex, the foreign exchange market, handles 2 Trillion in transactions Every day. That's far more money than what Wall Street handles. Just about anybody can jump in and pull out quite a profit for themselves by participating in the Forex process.

Does all this sound a bit new to you? Most North Americans have heard very little about Forex. They've got Billions of dollars sitting in savings accounts and low yield investments that could make them a lot more money in the Foreign Exchange Industry.

For more information check out: http://www.wiseforexinvestor.com


To Your Success!

Rex White
503-922-1475
rexwhite@wiseforexinvestor.com

2007-03-12 16:01:12 · answer #2 · answered by Anonymous · 0 1

try reading this

http://finance-information.blogspot.com/2006/12/looking-to-spread-your-investments.html

2007-03-09 14:50:31 · answer #3 · answered by Jake K 2 · 1 0

fedest.com, questions and answers