The definition of investment deals with putting in some amount of effort with the expectation of returns in the future.
Financially, an investment implies putting cash into a business or a security up front with the expectation of profits in the future. The investment vehicles open to us are generally very wide. So wide that i have decided to narrow the scope down to the three most popular forms of investment on the internet.
Here are the top 3 most popular online investments on the internet today.
Online Currency Trading
The top spot has to go to currency trading as it is the most commonly invested market on the web. This is mainly because it takes very little to get involved in the online currency market. Most online forex brokers offer mini or micro accounts for as little as $20. However, without proper forex trading strategies the beginner has no chance on making consistent profits in the long run. Beginners should never rush into trading forex with a live account. Trade on a demo account for a few months at least to get a grasp of the forex market. Avoid any trading courses or automated signals that claim the impossible, they are simply trying to sell a product.
The best place to head to online for a wealth of free information on forex trading is undoubtedly forexfactory.com. This is where the majority of online currency traders gather. Search for tidbits of information on the forums or participate, discuss and learn with the rest.
Stock Trading
The online stock trading scene claims second spot in terms of popularity. Both online stock trading and forex trading are very similar in nature. The differences are pretty minute. Many currency traders also trade stock online since the technical and fundamental trading aspects are both similar. However, stock trading accounts online generally requires a lot more money to opening an account. Dabbling in stocks are just as risky as delving into the currency market.
Futures
Futures rounds up the list as it comes in 3rd in this popularity contest. Futures are not a market in itself but rather a type of trading product that sees use in commodities as well as the currency market. While not as expensive as stocks with regards to opening an account, they are considered very accessible.
All three forms of online investment carry with them great risk, so tread with care and don't open a live account until you have some experience on a demo account.
Original Article: http://EzineArticles.com/3186325
No comments:
Post a Comment