I know how stock works, what about Forex and Mutual funds?
how do they work? i can get the idea that forex works based on commodity, economy..and tradings..
what about mutual fund, how do i know which one is good? their a big group of stock..do i just have to trust the manager?
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If you want to start trading on the Forex then you have to know exacetly what you are doing.
Because it can be a dangerous game if you haven’t got enough skills.
Althoug there are other ways to get a piece of the action.http://my-robottrader.blogspot.com/
This is one way, it are the results of a managed account.
I decided to take a account with my moneymannager because he could show me some great results over a longer period.
Feel free to contact me then I’ll give you his email adress and you can ask him all the questions you want.
Comment by Derrek M — December 8, 2009 @ 12:32 pm
Try to read more about forex at here
fxtrade.com
Comment by Lancez — December 8, 2009 @ 12:32 pm
A mutual fund is a professionally-managed form of collective investments that pools money from many investors and invests it in stocks, bonds, short-term money market instruments, and/or other securities.
Basically, you just invest your money into the mutual fund, and there’s a manager who picks the stocks and so on that the fund is invested in. The only thing you’re responsible for is entering money into it. You don’t really have control over what stocks are chosen in the particular mutual fund, but you can pick a -different- mutual fund since there are many different categories that they invest in (international versus US markets, aggressive growth, value, and so on). Morningstar ranks many mutual funds (http://www.morningstar.com) you can search through that website in the mutual funds and view past performance, sectors the funds are in and so on. Just remember that with both Forex and Mutual Funds there is always a certain amount of risk involved in investing, so make sure you talk with a financial adviser to find out what works best for you.
Comment by generald — December 8, 2009 @ 12:32 pm