Getting into the investment game can be life changing. If you’re able to play it well you’re going to make a lot of money, but if you’re not then you’re going to lose a lot, so you have to use your head as much as you can! There are loads of different places where you can make money, some more higher risk but more profitable than others, so let’s dive in and find out about them!
The riskiest, but most rewarding out all the 3 things we’re going to cover here is foreign exchange. This is the exchange of currencies from one to another, and there is a lot of money to be made off this, but how? Well, if you’re able to predict the rise in a currency’s value, you can exchange loads of your currency for it, meaning you will have lots of it when your prediction comes true! However this is often a game that you cannot predict, and you’re going to need some assistance with it as doing it manually is ridiculously difficult. Websites like https://www.connectfx.org/ allow you to do all of your currency exchange within their platform so it’s definitely worth getting your hands on something like this to enable you to react quicker to market changes!
Gold is something that has been valuable to humanity since before we have records of; it’s not only attractive to look at, but it’s very hard to get and is incredibly useful in the 21st century for technological appliances. Because of this, it’s something worth investing in. Buying gold is a relatively safe market because the gold reserves in the world are drying up which means that it’s only becoming more and more rare, which means the prices are only going to go up! This is why you should invest in gold because it’s a very safe market that is going to make you returns, you just might be waiting a few years for it!
Oil investment works by buying units worth of 1000 barrels in it’s crude form. Crude oil is the most useful form of oil because it’s what companies buy to turn into all kinds of other fuels as they don’t naturally occur. The oil market is relatively stable but is prone to fluctuations so you’re going to have to be a bit more careful with this than you would be with gold! Buying crude oil is simpler than it seems, so if you’re looking for a medium risk investment then this is for you.
All of these different markets cover different risk zones, so it’s up to you to decide what you want to do! Are you going to go for the high risk but high reward foreign exchange market, or are you going to go for the more calm and stable gold market? Or maybe you want something in between that’s a mixture of both, in which case going into the oil market would suit you. Of course you can invest in stocks too but it hasn’t been covered here, so check this out to know what they are and how to use them.