Max Keiser recently stated that if the value of one of the largest currencies in the world were to double or triple within a short time period, then he would not be concerned. In fact he would actually want to invest in it because he has seen this happen in the past.
Max Keiser is quite the expert on these types of things and he would know what he was talking about, but he does want to know what you think about this idea. Well, I think that he makes sense and that is exactly why I am going to share my thoughts on this topic with you today. I hope you will please consider this.
Let me start by saying that I have no problem with people investing in the stock market, whether you like the stock market or not. If you have the means and money to invest then you should do so. But when I talk about investing in the futures markets, I am thinking more in the future. There are many people who are making their living out of this business now and there is no end in sight for that number to grow.
If you are the type of person who believes in the concept of investing at all costs to get the maximum potential for your investment then I would definitely agree with you on that as well. However, you should always remember that you are investing in your future. That means that you must understand the risks of the transaction that you are making as well as any associated benefits and disadvantages that can come along with it. This is the same way that you would have to understand the risks involved with purchasing commodities.
If you are in the position of having the maximum potential for your investment, then you really don’t care about the potential price that it may hit. You would still use that profit to further your education, spend more time with your family, and continue to provide better services to your clients. You would also make your living off of it and you would never feel the pinch of these fluctuations in the market. In other words, you would always be able to ride this wave without getting too much of a wake-up call from it.
If you are the person that thinks that this price will be too low and it will stay there for a while, then you would be a little concerned. but that does not mean that you should completely throw in the towel or close your mind. Max Keiser made a very wise point about how volatile the economy is so that people need to have confidence in the ability to ride the wave, not lose it and get crushed under it as it comes crashing down on them.