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b3t b0y | Invest on Forex or Mutual Funds?? |
I'm looking to invest on Forex or Mutual Funds. Can somebody please help me with any advices which one is better?
Also I have searched for some online forex, e.g. marketiva.com, do you think it's great? Thanks for your valuable advices. |
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iamlost456
 |
It all depends on how much risk you wish to take. Forex is very risky, however with that risk comes the chance for fairly high profits too.
Mutual funds tend to be more stable and are managed usually by a large firm that monitors and are fairly good at not losing too much money ever, however since they tend to have less risk, they also tend to have less potential for extreme growth.
While that doesn't exactly say which one you should go with, because you will have to decide that for yourself. If I were you and you were interested in trying the forex, start small with say $100 dollars, if you realize your good at it, then you could try more. Then with whatever other money you want to invest, try mutual funds, that way you have a fail safe, yet still get to have a little fun trying to make some quick cash with forex.
Two quick suggestions for places to try out for either:
http://www.ZECC0.net - Zecco offers free stock trades (40 per month/10 per day) which is why I personally use them. They do charge a small amount to trade mutual funds, however it is still less than most other brokers.
http://www.My-Ez-Forex.net - A forex trading site that lets you open an account with as little as $50 dollars, that way you don't have to risk too much, yet can still give it a try.
Hope that helps! |
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Common Sense
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As far as www.marketiva.com is concerned... I've rarely seen a web site with so much verbiage saying so little. A major indicator that "caution" is in order.
Forex...... There is no comparison between Forex and Mutual Funds. The fact that you have to ask immediately says learn as much as you can about Mutual Funds and buy them directly from the fund family or through a fund supermarket like Charles Schwab.
Forex is one of the least regulated financial areas in the world. 95% of the people that try trading in Forex lose a large portion of their account. All Forex brokers are very poor. The trick in selecting one i to find the least poorest.
Your are treading in very dangerous territory. Don't allow the alure of easy money sucker you in.
ALSO: Stay away from "Freedom Rocks"......
http://www.forexbastards.com/public/review/www.freedomrocks.com |
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wera
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I advise you to work with IFX MARKETS. It's one of the best broker market-maker in the world..If you have some questions you can send me e-mail or call by phone +373 699 33511.. My name is Alex
email me at: info@fxteam.md |
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Terry
 |
FOREX is a highly speculative investment. It carries high risk, and if you are new to it, the effect is much like a weekend in Las Vegas - you have fun, and come home broke.
Mutual funds are the preferred investment vehicle for long-term investment. They diversify your investments, are monitored either by computer (index funds) or skilled financial specialists (fund managers) and tend to return at least 8-10% per year over a long period - this is the kind of return you should expect over a 10 or 20 year time period. |
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prakashpollachi
 |
mutual fund |
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Jonathan
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FOREX market all the way. Its the largest financial market. Its how banks make trillions of dollars each year. Its how bank of America made most of their profits last year. It is now available to the public and I know of a cutting edge program where people made 220% return on their money last year. If you could keep that up you would be a millionaire in no time. The way you can make so much is that your leveraged 400:1. Every dollar you invest is like 400 dollars because you have a broker. Dont settle for what everyone else settles for. Mutual funds will only give you 15% a year. Thats nothing. Check out the video below. If you like it try the demo try it out for 2 weeks using fake money and then you will see how much money you will make following this strategy. The video is kind of cheesy but the product is cutting edge.
www.freedomrocks.com/freedemo |
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