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Everyone’s Money Book by Jordan E.Goodman
Everyone’s Money Book by Jordan E.Goodman
Everyone’s Money Book by Jordan E.Goodman
Whether you have just won the lottery or are struggling to meet monthly expenses, your future financial comfort depends on creating – and sticking to – a long-term money management strategy. Personal finance expert Jordan Goodman’s new book Everyone’s Money Book on Financial Planning helps you do just that.
Jordan Goodman’s simple yet comprehensive advice has earned him the nickname “”America’s Money Answers Man,”” and his new book is a primer for consumers who need those answers. In Everyone’s Money Book on Financial Planning, Goodman shows readers not only how to give themselves a financial checkup, but what they should do with the results. He also covers issues like budgeting, financing insurance needs, finding a trustworthy financial advisor, and smart strategies for every age and situation.
What is forex?
Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
Salepage : Everyone’s Money Book by Jordan E.Goodman
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