28 Comments

  • @OfficialAlexWoo

    April 13, 2024 - 3:21 pm

    one of most important factor is the liquidity

  • @jonathon5075

    April 13, 2024 - 3:21 pm

    Apparently some of the big Russian oligarchs got their entire fortunes from this kind of currency exchange with rubles vs. dollars back when the Sovient union fell

  • @JMax-ip4io

    April 13, 2024 - 3:21 pm

    Having earned thousands of dollars in the trading market, I dare not doubt the profitability of the cryptocurrency market. Get a weekly income of 10600 euros even in this time of recession and high inflation. Britney is doing a great job, She is the right woman to lead the investment business.

  • @grimwaltzman

    April 13, 2024 - 3:21 pm

    In any country with volatile currency, foreign ones, mostly USD and sometimes EUR, are the most available way of investing for people with relatively small amounts of money. My "financial cushion" is mostly USD and EUR with only 10% being in my country's currency. So when I see americans talking about how the inflation destroys their savings I often cry on the inside.

  • @callumfrank

    April 13, 2024 - 3:21 pm

    Very well explained video, one that folks really need to watch. I’m 50, retired a while at 45. I have 35% of my capital invstments in an IRA, 25% in index funds, and the balance spread across other investment accts, in cumulative of over $ 6M. I receive income from my rental properties too. Zero debt and all is going accordingly.

  • @ChrisComeau

    April 13, 2024 - 3:21 pm

    Awesome simple explanation, thanks!

  • @cessmo_kaynush

    April 13, 2024 - 3:21 pm

    So does it mean in forex you buy another currency and wait for it to add value in order to make profit

  • @waynetonbrooks186

    April 13, 2024 - 3:21 pm

    Always great content

  • @sandraratcliffe6453

    April 13, 2024 - 3:21 pm

    Are you Canadian?

  • @wuziwu8148

    April 13, 2024 - 3:21 pm

    If the currency conversion is favourable due to wide margins does it make sense to speculate and concert currency similar to 52 week high/lows? I understand this is speculation but it seems like a low risk high reward investment.

    Any thoughts?

  • @_VISION.

    April 13, 2024 - 3:21 pm

    Now I see why the US is war hungry. The US goes around destabilizing economies in other countries to increase the power of their currency. Makes sense now.

  • @mephistoss238

    April 13, 2024 - 3:21 pm

    Rip euro

  • @arekkusu888

    April 13, 2024 - 3:21 pm

    At 1:43 you are showing the symbol of the Japanese Yen instead of the Chinese Yuan.

  • @CrushedParagon

    April 13, 2024 - 3:21 pm

    I definitely feel the pain of finding cool stuff in the US living in Canada. I'll get all to the cart before getting hit with $50 shipping and having to reluctantly give up on what I was going to buy because fuck that.

  • @user-yc6dc3yg1c

    April 13, 2024 - 3:21 pm

    Like your video! What do you think about these: 1. FX Liquidity does not matter whether it is from closing a long or short position, it can be taken by MM/banker/any trader to open as a long or short position. Is this statement true or false?
    2. Because FX is a zero sum game, if the liquidity is worth USD$10.01m it cannot be taken one cent more or less it must be digested exactly with the same amount by the MM/banker/any trader. Is this statement true or false?

  • @Kim-ur3jk

    April 13, 2024 - 3:21 pm

    Well done! Thank you

  • @nicolastorres147

    April 13, 2024 - 3:21 pm

    13:28 r/unexpectedfactorial

  • @butterfacemcgillicutty

    April 13, 2024 - 3:21 pm

    You can't get cherry coke in Canada? That sucks

  • @priestland1

    April 13, 2024 - 3:21 pm

    Get an advert from Greg Secker before the video starts.

  • @ThisCatLikesCrypto

    April 13, 2024 - 3:21 pm

    For Example
    For Ex
    Forex

  • @trureality7196

    April 13, 2024 - 3:21 pm

    s

  • @stoopid8833

    April 13, 2024 - 3:21 pm

    This is helping me understand my corporate finance course

  • @pragmatiste

    April 13, 2024 - 3:21 pm

    Just short Turkish liras until 2023 june. Trust me guys it's been proven for 20 years.

  • @ahmadobeidat1648

    April 13, 2024 - 3:21 pm

    I hope you will talk and explain more about the currency exchange market… and thank you for your efforts

  • @Argenswiss

    April 13, 2024 - 3:21 pm

    funny how in the US and Canada forex is irrelevant for your average Joe, meanwhile even 10 yo kids in Argentina know that for us buying dollars is pretty much a cheat code investment

  • @roibrycker8897

    April 13, 2024 - 3:21 pm

    GV

  • @nomiscph

    April 13, 2024 - 3:21 pm

    Fun fact:
    Denmarks currency DKK are bound to the EUR

    Before the EUR existed, it was the German DEM it was bound to.

  • @devilex121

    April 13, 2024 - 3:21 pm

    Probably really late to this video but PSA FOR CANADIANS (and maybe other countries too):

    9:30 – Richard mentions there's generally a low correlation between currencies and the stock market. This mostly holds true for safe haven currencies, namely the USD. Other safe haven currencies like GBP, EUR, JPY can also provide such diversification benefits.

    However, CAD (and maybe some others idk lol) generally moves WITH the the North American equities markets so it's not really so good if your main goal is diversification. Figured this is not too well-known especially for the average Canadian investor so caveat emptor my friends.

Comments are closed.