Stocks/investing

[Marngango]

What do you guys think about currency stocks and trading in these types of accounts?

[Marngango]

Florex stocks to be exact

[GrowingTheGreen]

Stick to low-cost index funds. Not sexy. Not fun. Very boring. Very effective.

People trade currency for a living and still can't beat the S&P500.

[sephenchou]

good thread

very nice

[reimaru]

What do you guys think about currency stocks and trading in these types of accounts?

Forex trading? Done it, didn't have the patience for it. Now I can't withdraw my cash since some people from north of my country scammed the company somehow.
(Try reading Kathy Lien's books about it if you want some technical techniques, like Double Bollinger bands).

Stick to low-cost index funds. Not sexy. Not fun. Very boring. Very effective.

People trade currency for a living and still can't beat the S&P500.

Same. I use that too, except I still invest in some blue-chips here and there.

[clatoden99]

Using the method of proof by contradiction I came to the conclusion: "stocks market is the most important player in making global trade and economy in general healthier."

First we should exclude currencies because the Bitcoin precedent proved people can theoretically bypass the phenomenon of fiat currencies. We can well live without it. Needless to say we can live without currency exchange markets - we don't need to regulate it, crypto currencies can be safely exchanged through distributed applications.

Second, we should exclude debt (fixed income). It is useful but can also by substituted by distributed apps that don't need organized regulation.

The hardest is to decide which is more important - commodities or stocks. Stocks win for two reasons:

The volume and general adoption is higher;

The geo arbitrage of stocks - that can only be done with a global regulated market - is very important because otherwise we can not have an efficient market. In commodities trade, arbitrage techniques is actually a routine part of regular trading activities, so the global trade would survive without global organized markets.

[Captain Save]

Stick to low-cost index funds. Not sexy. Not fun. Very boring. Very effective.

People trade currency for a living and still can't beat the S&P500.

it depends on the purpose of his investing..

Forex is much more of a gamble.. as long as he knows what he's getting into ..

but index funds are more of a gamble than other types of investments..

[JosephLymanM7]

From my perspective, that's why I hated school and college and university where from I have studies and knowledge. The biggest reason they don't teach you to make money, simply at all!. NOTHING absolute zero! I worked hard and honestly it is not worthy. Everywhere I work for someone or for a company and make money for them. While I do the hard work. They just make decision who what where nothing more. And it is not because they are smart. But because by their own way of thinking or maybe because other introduced them to another world and explained all the thing they needed to know. To apply those tools in the right way and make CASH!. Now for 3 years I trade online and I have a plan and goal to have pension on 45-50 years. By trading it is possible. This is where I work on daily bases https://www.investous.com/. And you know what I have dividends I have possibilities. And when I make more money I invest more money. I can’t always tell what will happen but I have 4 screens that shows me information regarding changes in the world.

[james.hendrickson]

From my perspective, that's why I hated school and college and university where from I have studies and knowledge. The biggest reason they don't teach you to make money, simply at all!. NOTHING absolute zero!

Joseph - yeah, the level of financial education in high school varies a great deal by the state where you live. Some state school systems do a better job teaching about the stock market than others.