4 ms·
Isn't currency (and many others) more of a zero sum bet -- useful for hedging if you are a business with expenditures in one currency and income in another. Bu
by jopsen 6y ago
Isn't currency (and many others) more of a zero sum bet -- useful for hedging if you are a business with expenditures in one currency and income in another.
But if you're looking to invest cash on hand, and looking for a long-term upside. I'm not sure currency is good idea.
- TomMarius 6y agoNo, it's not "zero sum bet". There are real market fundamentals which you can take advantage of.
- Galanwe 6y agoDefinitely not a 0 sum game. You can perfectly have real strategies and earn money just betting on currencies, either intra curve (buy/sell different maturities on the same currency) or cross curve (one currency versus an other one). Theres actually quite a lot of hedge funds doing that. You will most likely want to start with a "carry" trade: buying a cheap currency by selling your $USD, and enjoy the higher interests on that currency.