DaimlerChrysler, the parent company of Chrysler and Mercedes-Benz, made more money trading currency than it did selling cars. The majority of DaimlerChrysler’s $1 billion in profits in a recent quarterly earnings report came from currency trades in the Foreign Currency Market known as the (spot) Forex.
What does this have to do with you? Plenty.
If you’d like to make hugh profits, just do what the big boys do, trade the Forex. On the (spot) Forex, $2.3 trillion worth of trades occur daily, more than all the equity markets in the world combined!
Until now only the very rich could take advantage of this market. But sweeping changes in the U.S. federal rules have opened it to individual investors.
Now if it’s really that powerful and lucrative…Why haven’t you heard more about the (spot) Forex?
Two reasons, first it wasn’t legal for individuals to trade until 1998 and second, most stockbrokers won’t mention this opportunity because they will lose commissions to the Forex brokers, thus they have no incentive.
Bankers Choice
Dimmer/Chrysler strategy is nothing new. For decades, U.S. banks have quietly used the (spot) Forex to diversify their portfolios. Trust me, if bankers are trading currency, you can bet it’s a preferred way to diversify assets.
Diversify for Security and Wealth
How do you diversify or both safety and high yields? The answer is as close as the U.S. dollar bill in your wallet.
‘While options and futures still trade in record numbers, Forex trading – the trading of international currencies – is undoubtedly the fastest-growing market segment in the last year.
-- Active Trader Magazine, October 2004
Money is a true universal language. Demand for the U.S. dollar comes from every corner of the earth and exceeds the demand for any stock on the planet. Furthermore, currency rates are no more difficult to follow than a football game. Plus, because money always has worldwide demand, you can expect great liquidity.
But here’s the problem, if you can’t see the factors that control currency prices, you’re pretty much shooting in the dark. That’s why the Completeforex.com was started.
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