answersLogoWhite

0

Advantages of currency investment

User Avatar

Anonymous

17y ago
Updated: 8/17/2019

Currency is not something to be invested in because it does not create a product and can not grow organically. There are those who trade currency, this is called FOREX trading. It's really easy to lose your shirt on the FOREX.

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

What is currency linked investment?

Many banks in Indonesia offer the option of currency linked investment that allows you to receive your principal amount and yield maturity in the base currency or an alternative currency of your choice.


What are the advantages of a Roth IRA investment?

One of the key advantages of a Roth IRA investment is that one will have the ability to have investment earnings completely without taxation. Of course, this comes with a price.


How can one buy foreign currency for investment purposes?

To buy foreign currency for investment purposes you can contact a Exchange Trade Funds broker. They are brokers that specialize in foreign currency and can help you choose the right currencies.


What is the impact on currency when there is foreign investment?

In my opinion when there is foreign investment, there will be more demand on the country which is invested. Therefore, its currency is appreciated. Besides, that would help to boost the economy, so the currency will go up.


What are the advantages of joining or forming an investment club?

The advantages of joining or forming an investment club is that you will gain a lot of investment experience. You can also network with other people who share the same interest as you.


What are the advantages of Prudential 401k investment plan?

The advantages of the Prudential 401k investment plans are simplistic, the investment is tax deferred, they can reduce your taxable income by being allocated pre paid tax dollars.


What were be the impact on world trade and investment is there were only one currency?

i donno


What are the advantages of East African Community using the same currency?

advantage and disadvantage of having common currency


What are advantages of common currency?

A common currency simplifies trade and investment among member countries by eliminating exchange rate fluctuations and reducing transaction costs. It enhances price transparency, allowing consumers and businesses to make more informed decisions. Additionally, a common currency can promote economic stability and integration, fostering closer economic ties and cooperation among participating nations.


What would be the advantages and the disadvantages of an Investment Banker?

it sucks lol


Are there any tax advantages to municipal bonds?

Municipal bonds provide a great investment tool with some tax advantages. This is also a very safe investment with very low risk.


Where can one learn more about foreign currency investment?

There are many places that one can learn about foreign currency investment including dailyfinance and international invest. Alternatively, you could contact a financial adviser who will be able to help you for a fee.