Unconventional Investments Worthy of Trying
It’s no secret that just about everyone should be investing. However, in today’s market, conventional…
It’s no secret that just about everyone should be investing. However, in today’s market, conventional investing concepts often times lead to losses. Even when the stock market is posting gains day after day, month after month, conventional investment opportunities generally lead to relatively small gains; that is, unless you have a massive amount of money to invest. Nonetheless, there are a few unconventional investment opportunities out there that are far different. Today, we’ll take a look at what I believe to be the most profitable unconventional investment vehicles.
Binary Options
Binary options are a relatively new investing concept. In fact, retail binary options didn’t even become available to the average trader until 2009. However, since then, they’ve become incredibly popular; and for good reason. The fact of the matter is that binary options trading can be incredibly profitable. When trading binary options, investors don’t purchase any assets at all. Instead, they simply make predictions with regard to the direction the value of the asset is headed. If those predictions are correct, the investor has the opportunity to realize gains as high as 80%. Another great thing about binary options is how quickly profits can be made. On average, trades last less than an hour, rather than the days, weeks or months investors have to wait for gains using conventional investment vehicles. So, if you’re looking for a quick profit that gets you away from the plain old, boring stock market trading, try trading binary options for a quick profit.
Currency Trading
Currency is literally the most in demand financial asset in the world. After all, who doesn’t want more money! Because several factors cause movements in currencies, we tend to see quite a bit of fluctuation in what’s called the foreign exchange market. This is the market in which traders trade currencies at specific times in an attempt to earn a profit. This is another area where quick profits can be seen. That’s because of the fast movements that happen in the currency market. Another reason that currency is a great asset to trade is the fact that the foreign exchange market is incredibly volatile. That means that there are quite a bit of fluctuations in the prices of currencies. As a result, there are several opportunities for big gains each and every day; no matter if the value of currencies are falling or rising! Try currency trading it can be risky but it can also be very rewarding.
Penny Stock Trading
The conventional trader tends to stay away from penny stocks. That’s because these stocks generally haven’t proven profitability and therefore are considered to be a high risk investment option. However, I happen to love penny stocks. The reason is simple. Penny stocks are stocks that trade for under $1.00 per share. So, when movement happens, even minor movements, there are massive gains to be had. Think about it… let’s say that you purchase 1,000 shares of a stock at $0.10 per share. Your total investment in this case is $100; which is an incredibly small amount to risk. Now, let’s say that the price of that stock moves to $0.13. At this point, you sell your position for a total of $130. In this particular case, over a very short period of time, you earn $30 on your investment which equates to a 30% return. That’s huge, especially when you consider the fact that when trading traditional stocks, a 30% gain over the course of 2 or 3 years would be considered terrific! Learn more about Penny Trading.
Final Thoughts
There are several reasons that many people choose to stay away from conventional investment vehicles. In general, these reasons revolve around the facts that returns are incredibly low and to earn low returns, positions have to be open too long. However, by taking advantage of unconventional opportunities, you will see that massive gains are generally easier to come by; and it happens fast! So, what are you waiting for? It’s time to start trading!