Making money... Options vs Forex... which one?
By ahgong
@ahgong (10064)
Singapore
May 21, 2009 10:34pm CST
I have read with interest about making money via investing.
There are a few kind of investment vehicles that one can explore to try and make your money work for you rather than you working for money.
Among the money vehicles you can look at, Unit trust, Hedge funds, Share, Bonds, Commodities, Options and Forex, are some of them.
Many forums I visited and books I read, recommends Options and Forex as the best way to make a good living if you are looking at a fast vehicle for building capital.
There are pros and cons to using Option and Forex to grow your money.
Between the two, which one do you prefer?
And why?
2 people like this
5 responses
@kun2349 (23381)
• Singapore
22 May 09
haha.. U are still on investing?? Yeah, there are really alot of things that one can invest in.. However, it depends on how fast u want your returns, and how much more u want it to be ^_^
UNit trust is not too bad, just that it take too long to mature, just like bonds.. As for shares and commodities, their prices are not stable and fluactate all the time, and so it's not recommended for amatuers, even though it means good money.. For, one has got to have enough money to hold on, before making a profit.. haha =D
As for options, i dun really know what's that as i have not heard about it before.. Thus, my choice will be forex instead, as i have done some research on it in the past.. haha =D
@iwrite (5034)
• Singapore
22 May 09
Well options is to buy the options to a share, like how you to buy a property. there is a time frame where the seller, he need to hold it for you. Until it expires, you get the share. however trade options is not to wait till you get the shares but to exchange the option not to hold the share.
2 people like this
@kun2349 (23381)
• Singapore
22 May 09
That sounds kinda confusing to me.. lol =D BUt if one needs to hold on to that particular option, it means that he cant sell as and when he likes, in order to make a profit?? If it's done thru trading, how would anybody wanna give up on a good deal in exchange for something else?? hehe
1 person likes this
@iwrite (5034)
• Singapore
22 May 09
Well it depends on how much you have to invest, both options and forex give your advantage of leveraging on your money. I am looking for people who are starting to learn and provide support for each other when we trade.
Would you be interested to join me and we might be able to help each other. So what do you think?
How long have you been reading up and learning before you started on your demo account?
@yadav8797 (1211)
• India
22 May 09
hi ahgong,
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friend, i have one more trading website where you have nothing to invest. just you have to sign up over there and you will get $1 for investing the money. i think you will enjoy the money earning over there.
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happy mylotting
@yadav8797 (1211)
• India
23 May 09
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1 person likes this
@Imnovice (43)
• France
23 May 09
Beware before trading these sophisticated products like options, you must have a good knowledge of the basics.
Visit this site to learn about risk or money management
http://www.tradernovice.com
If you want to start on forex visit:
http://www.forexnovice.co.cc
