[Forex is not a good investment! 】
[Forex is not a good investment! 】- Writing date: July 25, 2018 Our recent strong US dollar, the US dollar has been so strong recently, and few people really know it in advance. In fact, exchange rate prediction is not that simple. Many banks or financial institutions in Taiwan recommend investors to invest in foreign exchange and buy Australian dollars and euros. If you don't live in Australia, why do you need Australian dollars? If you want to make exchange difference, it is better to buy American index funds and earn more. The exchange rate only fluctuates by 3% to 5% every year. According to the U.S.
[Forex is not a good investment! 】- Writing date: July 25,2018
We have a strong U.S. dollar recently. The U.S. dollar has been so strong recently. Very few people really know it in advance. In fact, exchange rate prediction is not that simple. Many banks or financial institutions in Taiwan recommend investors to invest in foreign exchange and buy Australian dollars and euros.
If you don't live in Australia, why do you need Australian dollars? If you want to make exchange difference, it is better to buy American index funds and earn more. The exchange rate only fluctuates by 3% to 5% every year, and the long-term annualized return of U.S. index funds is 8% to 12%. The investment rate is closer to speculation.
To buy the U.S. Index, there is no need to analyze, as long as you believe that the United States will continue to be strong (it is true. Of course, many people may not believe that the United States will continue to be strong). Eight of the ten most powerful Internet-related companies in the world are American companies. The company's business growth is growing at double digits, and profits are accelerating. If we don't believe that the United States will continue to be strong, I really don't know which country will surpass the United States.
Investors are advised to believe that as long as they continue to invest in U.S. index funds, they will be rich in the long run. Buffett has proven that even smart hedge fund managers cannot beat the market. Only investing in the U.S. index can make long-term profits, and other professional advice is ineffective.
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