Sunday, October 28, 2007

Investing Thoughts

Alright, I found some time to finally make an entry on this blog of mine. For the past couple of weeks, I've been really thinking about investing my money on either stocks or the forex (foreign exchange) market.

I've always known about the stock market and in actuality, I've started to read a couple of books about it and to tell you folks the truth, it's not as hard as some people claim it to be. Sure, there are all sorts of research you have to do in order to find a good investment for your money, but I really thought it was going to be an overwhelming experience but thankfully it's not.

I've listed a couple of books before here on my blog. Actually if you look at the upper left corner, you will see that I've posted Jim Cramer's book as one of the books to read this year. He's a very funny guy and I've been watching his show on CNBC and actually like it. Granted, I am still getting to know the stock lingo, but it's very informative. I've also been fiddling around this website called Motley Fool. It's a pretty good website and they focus more on the "buy and hold" cliche of stock investing.

As far as the Forex is concerned, I've dabbled with a few systems. Hmm...maybe I'll do some reviews as well...but anyways, I believe I may have a found a pretty good system to trade the forex but from what I understand, the forex market is a very volatile market. You can lose your money pretty quick if you don't know what the heck you're doing. The only drawback I see is that it's hard to find a good, honest and reliable forex broker. I'm hearing that most of these "bucketshops" brokers are only in it to take your money. They stop hunt you and are only nice as long as you're losing money. As soon as you start to profit, they mess with you account or start cancelling your orders. So this is going to be a good challenge for me.

Well, guess that's it for now. I haven't given up on Internet marketing or making money online programs. This blog is about making money so I'll post whatever can make me or should I say "US" some money.

Ciao!

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