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Stock Exchange

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Hi,

I am looking for extra ways to earn income during the recession.

I have heard about investing some cash in the Stock Exchange, for example on Forex Exchange.

Can anyone offer some advice on this? It sounds a bit risky.

Comments

  • Katgrit
    Katgrit Posts: 555 Forumite
    Part of the Furniture Combo Breaker
    Theres a seperate discussion thread for stocks and share buying on the board somewhere but i dont think i can put links in because I'm a new member. Its under Savings and Investments.
  • mightymole
    mightymole Posts: 589 Forumite
    there is a element of risk as shares can go down as well as up
  • aqueoushumour01
    aqueoushumour01 Posts: 1,687 Forumite
    my advice would be to read up on the subject. If you want to invest in the stock market choose a fund if you do not feel comfortable selecting stocks. The same is true for most asset classes - professionals run them so you can take advantage of their expertise for a fee.

    http://www.forextrading.co.uk/ forex trading is only for those who know what they're doing and can be risky due to the high leverage involved. if you're risk averse it's not for you.
    :D
  • justpaper
    justpaper Posts: 856 Forumite
    its not something you can jump into , you would have to learn to trade, by trading a Demo account depending how fast you can learn it, you would then move on to live real money trading, i think 3 months is a nice time to trade demo account and learn the ropes,

    alot of topics already posted,
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