Protection
Put yourself at ease by protecting those you love
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{{label}}16 September 2019
The Philippine economy has grown through the years, but for those looking to grow and diversify their portfolio further, investing in other high-performing currencies is the perfect way to do so. The global foreign exchange market is the most liquid financial market, making it a risky but rewarding venture for those who want to expand their portfolio.
The market has an average daily volume over $5 trillion, is a great way to diversify, operates all day for longer trading time compared to other ventures, and is a low-cost exchange that does not involve paying commission. Though, it’s also highly risky, as it is high-leverage, moves in tiny increments, and is extremely volatile.
Both seasoned investors and newbie forex traders can learn a thing or two from studying other currencies before dipping their toes in the water. Here are the best notes you should put your money in for this year.
Take Your Pick
Financial markets will only continue to grow globally, and currencies and foreign exchange are expected to be essential in day-to-day transactions. Therefore, currencies will continue to offer opportunities for retail and investment, in both physical trade conversion and simple portfolio diversification.
However, it should still be noted that financial markets and business ventures come with risks, even in places that can offer the best foreign currency exchange rates. That’s why it’s crucial to study the market, have a well-researched and logical strategy, understand the risks and rewards, and learn how your local currency compares with that of other countries. Don’t forget to pay attention to the news, as well.
For more information about dollar investment, visit any of 800 BPI branches and talk to a Bancassurance Sales Representative today.
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