Tempted to invest in a currency fund? If you aren’t a sophisticated investor, you might be better off resisting the temptation.
Because predicting the direction of currencies can be challenging, investors should approach these funds with caution, financial experts sayInvesting in currency mutual or exchange-traded funds may sound tempting. After all, the foreign-exchange market is the biggest financial market in the world, averaging more than $5 trillion in trading volume every day.
But many investment experts urge most individual investors to resist the temptation, saying these funds are usually better suited for those investors with a strong understanding of how currency markets work.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Trump Is Making The Same Trade Mistake That Started The Great DepressionSomething similar to the U.S.-China trade war happened before, during the most famous trade mistake in U.S. and global history. Today, we use that event to mark the Great Depression’s beginning.
Consulte Mais informação »
The world’s biggest stock bear blasts a glaring investor mistake that could lead to years of losses — and explains why even the Fed will be powerless to stop a crashReputed investor John Hussman breaks down why investors are placing way too much faith in possible Federal Reserve rate cuts.
Consulte Mais informação »
Tech VCs are squabbling over a popular type of funding for startups that one prominent investor calls a 'nightmare' and a 's**t show'Union Square Ventures founder Fred Wilson wrote that deferring valuation and dilution amounts with safes harm founders in the long run.
Consulte Mais informação »
DC Pride Parade marchers injured after panic caused by noises mistaken for gunshotsSome people were injured while running from what they mistakenly thought were gunshots during the Capital Pride Parade in Washington, an official says.
Consulte Mais informação »
Once shunned, activist investors are now seeing a 'wave of change' in JapanActivist investing in Japan is on the rise, a gradual but marked change for a country long hostile to 'foreign vultures.'
Consulte Mais informação »