Where to Invest? A review of some of today's hottest trends, techniques and courses...do they work?
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With all of the "great" investment advice going around, I thought I would take a few minutes away from my normal marketing ideas, and look at investing.
Investments have always been something that I wanted to get into badly, but feared losing everything I own for trying it. I have, however, bought several courses offered online just to give it a shot. At the end of my little rant, I'll give my opinion on what works (yes, I found one that actually works...see, miracles do happen).
Invest in the Forex?
The first market I jumped into was the Foreign Exchange market, or Forex. I chose this simply because I had heard such wonderful things about how profitable it can be to invest in the foreign marketplace.
First, this is definately not the place for a beginner, such as myself, to begin investing. I bought 3 different courses (varying in price from $197-$997). Not a single one showed me a way to be consistently profitable with my investments.
Obviously, this doesn't mean you will have the same results. It's entirely possible that you could understand the things they talked about far better than I!
If you are an expert with investments, or have plenty of money to spend, I'd say this is probably a great place to invest. I say this because, although I personally lost several thousand dollars, there were definately some flashes of nice returns.
To me, investing in the forex was much like playing poker online: you can probably win on a consistent basis, but that one kamikaze might take it all in one fell swoop.
Next stop: Day Trading Investments!
I've seen so many courses on Day Trading, I almost don't know where to begin! For starters, Day Trading is just like it sounds: You start the day with cash, buy and sell/trade stocks throughout the day, then have nothing but cash left when the market closes.
It's definately an adrenaline rush, and an intense feeling. It's also gut wrenching when you lose money because some "guaranteed" system said you couldn't fail.
Courses in this area are usually in the $1,000 range if you want something decent. The 3 I purchased were very informative, and quite helpful...probably even saved me from losing much more than I would have originally.
The problem is that predicting the winners and losers is much tougher with todays economy. Also, it's much better to have the ability to be in front of your monitor at all times. If you can't stay on top of it...well, I can only say I'm sorry for your losses.
All that said, if the stock market interests you that much, and you don't mind taking that chance, I say go for it. If you lose, you'll probably lose minimal amounts, but if you win, they can definately be big.
Investing Where the Economy Doesn't Matter?
Ok, I've gone over the "traditional" methods that are really hot right now. But what if you wanted to avoid the risk of losing money, but still wanted to see good returns?
I ran across something that claimed to do just that...and of course, my initial reaction was something like "impossible".
Being the huge skeptic I am, I had no choice but to give it a shot. I mean, at $300 or so, it was less than most of the other investment courses I tried. Plus, the guarantee was full money back, including the cost of shipping. What did I have to lose?
The course centered around "e-currency trading", or trading only online currencies. Since none of these are Wall Street listed, you really have to dig to find the places you can actually do this. The course was very thorough in this area.
So I started with $500. I figured that with a total investment under $1000, it would be much less of a loss than anything else I had tried.
The first two weeks were full of tasks that were...well, boring! I've had more fun at my dentist, and that's a place I truly dislike going. However, I did see some small returns during both weeks. I was pleasantly surprised by this.
The following month was much more exciting. Lots of exchanges to do, and although the profits for each seemed small in size, they added up in a hurry. Here's a rundown of how my first 4 months went:
End of month 1: total account assets = $1212.47
End of month 2: total account assets = $2364.19
End of month 3: total account assets = $4401.63
End of month 4: total account assets = $6760.24
Note: At the end of month 4, I also used approximately $700 to start an account for my wife as well.
Something I realized about this particular investment: there really isn't a way to lose money, only a way to gain it. The earnings are all based on the activity in the system. Basically, this means if there is any activity at all, there will be an increase in profits. If the internet shut down, and there was no activity, it would simply be a gain of nothing...still no loss.
This course is the only investment type course I can recommend with a clear conscience. I refuse to send people where they will consistently lose money on their investment, and this course is the only course I can see as a completely safe place to invest your money.
Make money online by following this link.
Thanks for reading, and as always, if you have any questions, feel free to email me!
To Your Success,
Christopher M. Schumacher
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