How To Make Money On The Dollar

Table of contents:

How To Make Money On The Dollar
How To Make Money On The Dollar

Video: How To Make Money On The Dollar

Video: How To Make Money On The Dollar
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A sharp drop in the dollar scares someone and makes them think about the fate of their foreign exchange savings. And someone, more astute, immediately thinks out the moves with which you can make money on the dollar.

How to make money on the dollar
How to make money on the dollar

Instructions

Step 1

Shopping. With a weak dollar, it is profitable to buy goods in America - be it a business or just shopping for yourself. When the US currency falls, go to the States for shopping.

Step 2

Gold. When the dollar depreciates, gold rises in value. It is not difficult to invest in precious metals - banks in Russia and abroad offer to open metal accounts. However, such investments are risky because the market is volatile. For example, in 2006 you could have lost a lot by investing in gold. The most basic advice that can be given when investing in precious metals - avoid one-time large purchases, do not invest more than 10-15% of all your savings in gold and try to play bullish, take "long" positions, gold does not like being "short" …

Step 3

Promotions. Ironically, American companies could benefit from a weak dollar. The mechanism is as follows: the dollar is getting cheaper, goods in America are becoming more attractive, enterprises are selling more of their products. Therefore, you can make money on the dollar by investing in the shares of American companies. But here, too, you need to be careful, because there is no connection between a cheap dollar and a successful enterprise. The fall in the US currency is just one factor that contributes to the success of a business. It is important here to correctly compile an investment portfolio. With the right approach in diversifying investments on the dollar, you can earn up to 20%! You can also invest in stock markets outside the United States.

Step 4

In addition, there are several other types of goods that will help make money on the dollar - silver, gas, oil and others, prices for which are set in US currency. At the same time, it cannot be unequivocally stated that any of the methods is better, it all depends on the market conditions. Someone, in order to make money on the dollar, will find it more profitable to form a multicurrency investment portfolio, while others will find it more profitable to invest in precious metals.

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