I’ve never done anything with Forex trading, but I know that some currency is better than others. What is currently the best foreign currency to invest in? And if so, why? I figure countries like Japan would be interesting to check into.
I’ve no clue on that. I imagine any countries that are ahead of us in profits would be an ideal place to invest in. But I don’t know what countries would be the best to invest in.
That’s ok. I’ve been researching it a bit lately, and I hear Singapore is a good option to invest in, as the US Dollar is supposedly very high there.
I also hear Swiss Franc and the Australian dollar are worthy of investing in as well. I’ll have to do more research though.
The foreign currency is the market is the biggest and most liquid market in the world. While looking at currencies that may be overvalued is a great way to go. you should be very careful. Often non major currencies have wide spreads. This of course means that when you buy you are at a disadvantage, as you would need to recoup the the spread before you can get profitable.
“Anyone can hold the helm when the sea is calm…”
It is about community, users, and suppliers of goods and services helping each other out sharing ideas.
The basic idea is to create a place where people can come to learn and explore what is needed to start that side gig or that small business that you have always wanted. We also want people that have already taken the step to show their stuff, offer their services.
© 2023 Side Gigster. Built using WordPress and Mesmerize Theme.