Courses Infomation

Gimme My Money Back by Ali Velshi

Forex Trading – Foreign Exchange Course

You want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

One way or another, you lost money as a direct result of the financial crisis. Now you have to start making it back, and you can do that by listening to this audiobook. This audiobook shows how the markets work and how to be involved, how to calculate personal risk tolerance based on personality, goals, age and years from retirement, how to avoid losing money, and how to use mutual funds, index funds, stocks, ETF’s, bonds, and other investment vehicles to speed up listeners’ own personal recovery. Includes model portfolios to get you started right away. Written by CNN Chief Business Correspondent Ali Velshi using his trademark user-friendly voice, Gimme My Money Back is a straightforward guide to understanding how we got into the mess we’re in, with concrete, simple, proven steps to get you out of it.

“This helpful book promises to help listeners earn back recent financial losses due to the economic meltdown that has befallen the nation– or just to improve their economic status in general. The author, CNN’s chief business correspondent, narrates his own work. The information is top-notch, and the presentation is professional. Velshi gets his point across in a clear-cut manner without sounding overly assertive. Most importantly, the material is laid out in a way that makes it accessible to listeners. Velshi’s voice is powerful and honest, and, despite his extensive knowledge of the economy, he never comes off as condescending or unsympathetic.”
L.B. © AudioFile Portland, Maine

About the Author

Ali Velshi is CNN’s chief business correspondent and host of Your $$$$$, CNN’s weekend business roundtable program, as well as a regular contributor and anchor for Issue #1, the network’s in-depth coverage initiative on the single issue that matters most to CNN’s audience. Velshi also hosts The Ali Velshi Show, a weekly call-in radio program on both CNN Radio and CNN.com Live, and fields viewer calls three times a week for the “Help Line” segment for Headline Prime on Headline News. Online users can also listen to Velshi’s podcast, “The Ali V Podcast,” available at www.CNN.com/podcasting and on iTunes.

Based in New York, Velshi has covered the U.S. government’s bailout plan, the financial collapses of Fannie Mae, Freddie Mac, AIG and Lehman Brothers, and Hurricanes Gustav and Ike, reporting on the impact of the storms on oil refineries. He covered the Enron story at every step since it hit the national spotlight in 2001, including the guilty verdicts of Enron Corp.’s founder Kenneth Lay and former chief executive Jeffrey Skilling on conspiracy and fraud charges. He reported live from Ford headquarters in Dearborn, Mich., as the company announced the layoff of 30,000 workers. He was reporting live from an oil rig in the Gulf of Mexico amid evacuation calls for Hurricane Katrina.

What is forex?

Quite simply, it’s the global market that allows one to trade two currencies against each other.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.

An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!

You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Currency Exchange

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.

Salepage : Gimme My Money Back by Ali Velshi

About Author

Ali Velshi

Ali Velshi is an MSNBC Anchor and Business Correspondent for NBC News and MSNBC.

Velshi has covered a wide range of breaking news events and global affairs throughout his career, including U.S. presidential elections, ISIL and the Syrian refugee crisis, the Iran nuclear deal from Tehran, the tensions between Russia and NATO from Eastern Europe and the High Arctic, the debt crisis in Greece, the funeral of Nelson Mandela, and the global financial crisis.

Before joining NBC News and MSNBC, Velshi hosted “Ali Velshi On Target,” a nightly primetime show on Al Jazeera America. Before that, he served as CNN’s Chief Business Correspondent, anchor of CNN International’s “World Business Today” and host of CNN’s weekly business roundtable “Your Money.” Velshi also co-hosted CNN’s morning show, “American Morning.”

An award-winning journalist, Velshi was honored with a National Headliner Award for Business & Consumer Reporting for “How the Wheels Came Off,” a special on the near collapse of the American auto industry. His work on disabled workers and Chicago’s red-light camera scandal in 2016 earned him two News and Documentary Emmy Award nominations, adding to a nomination in 2010 for his terrorism coverage. Additionally, Velshi has taken his economic analysis to “Oprah,” “The View,” and “The Daily Show with Jon Stewart.”