Saturday, July 16, 2011

Don't Lose Out On The $Trillions In Current Finance Sector.

  • |05/07/2008 08:00 pm

  • If you really understand the unlimited appeal of the current financial industries, no matter how poor you are, if you play your cards right you should be able to make a lot of money. I'm saying this despite my center of left politics.
    Let me give you an unorthodox example first. If you have a bank account with JP Morgan Chase<possibly though a debit card of mastercard, american express or visa, which i had to do the following financial transaction>you can make a currency exchange for free both into foreign currency and back. This allows you to avoid a brokers fee charged by cambio exchanges or perhaps a licensed currency trader. This means you can say buy $10,000 of Euros, wait till the EU currency goes up against the dollar, which happens frequently these days, and then sell it back through Chase with a profit of say $475 to $2,200, depending on the volatility of the currencies involved.
    If you somehow are richer then some, or just rich period, you could hit the jackpot sooner or later. There may be a brokerage fee proportional to the size of the trade if you do the above transaction any other way.
    Further, if you follow financial trends, you may latch on to hot securities like NYSE Euronext. This is a truly global stock that reflects major American and some European stock indices. The trick is to know when this stock is hot in terms of how the more and more information/hi-tech position employed by NYSE Euronext works. The interaction of the various exchanges information techniques result in a lucrative position, expressed in terms of say how the EU's and Americas new financial procedures work. A hi-tech position is expressed in terms of computational finance software companies bought by NYSE Euronext.
    If you understand what I've written here, I hope if you get rich you won't get too jaded>please keep your humanitarian spirit alive.
    Amen>BB Ultra

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