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July 24 2013

FAQ: A good place to learn forex trading? – goldsenze

forex trading

Q&A: A good place to learn forex trading?

A good website for free training/learning about forex trading? im a newbie in this and is serioudly interested.

Goldsenze Answer:

Something I read in money magazine.
More than 90% of new forex users lose money their first year out.
Careful of scammers.
They know you will lose money and never really invest your money in the first place.
Others scammers can see your moves before you make them (remember they program the software themselves) and play against your moves.
Google:
Forex Scams
Days, if not years worth of reading.

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May 14 2013

March 30 2013

Q&A: What is the best way to learn about investment? – goldsenze.com

FAQ: What is the best way to learn about investment?

There are so many ways to invest your money in America. There’s forex, real estate, stocks, mutual funds, 401k, etc. What is the best way to learn about all of these different types of investment (other than majoring in the financial field)?

Goldsenze Answer:

There is no best way to learn, but by checking with the professionals in their own field and asking the right questions.

Usually – How much you intend to invest?
How much you intend to loose?
HOw long you intend to invest?
Risk Profiling – Appetite for risk level? (type of risk)
Do you have excess fund to spent?

Meaning this funds you intend to put into an investment fund is not needed in case of emergency. You can say in simple term – money can be spent without worry or stress. but expect a return in the medium to long term period. (Can be 3 years to 5 years)

Is it for your retirement purpose? and how much you intend to retire with?

All these question will be ask and you will need to be realistic and honest in your answers.

Don’t fool yourself.

I have invested in long terms retirement funds in Unit trust by diversification in different asset. Spread your risk (Put your eggs in different basket is the key)

Hope this help

Cheers

FUJUN

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