Courses Infomation

The Complete Guide to Investing Property (3rd Ed.) by Liz Hodgkinson

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.

At one time, people saw their homes simply as a place to live. Today, property is seen as a potentially lucrative, safe and reliable investment. But property investment is a highly complex business – do you want to invest in property as a sideline or operate as a full-time investor? What type of property may be best for you and your portfolio? More, have you anticipated every single expense involved in renovating that ‘bargain’ property?The new edition of the “Complete Guide to Investing in Property” looks at all aspects of property investment – from making money from your own home, to property development, buy-to-let, investing abroad, taking in lodgers and investing in commercial premises. Containing a wealth of case studies and cautionary tales to help you identify the pros and cons of investing in property, the book will be an essential asset as you seek to maximise your investment and minimise costly errors. Fully up-to-date to include new information on the latest government legislation, including SIPPs, plus a new country-by-country section with useful contact details and website addresses, the book should be on the shelves of anyone who is seeking to make a financial return from property investment.

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 : The Complete Guide to Investing Property (3rd Ed.) by Liz Hodgkinson