making money with foriegn currancy

June 27, 2006 7:45pm CST
I have some money I would like to invest or "flip" for some extra cash. I was told I could do this by using forgien currency.
2 responses
@bzinger (412)
• United States
28 Jun 06
Pamkastrup - If I had some extra cash to invest I would only invest in those companies in which I truly understand how the company is making money. More times than not, penny stock trading is risky and the stock price is easily manipulated through hype, insider trading, etc. Some investment plays that I like today include Yahoo! and Microsoft. Good luck!
@bzinger (412)
• United States
28 Jun 06
While money can be made in the exchange of current, just remember that if it was that easy everyone would be doing it. Be cautious of attempting to so called 'flip' your money. Money is made through due dilligence, hard work, and once in a blue moon some luck.