Re:Why forex trading is exploding across Africa
by ivanche on Wednesday March 10, 2021 @06:04AM
(#26410028)
Oh sorry, I wasn't precise enough. I meant specifically forex traders (because the article was only about forex traders). Since currencies are not cash-flow producing assets, I don't see how, on average, everybody can end in the money.
About stocks I absolutely agree - history tells us there's a long-term positive (US) market return so it's clear that an average investor should get exactly that return minus costs/fees.
Re:Why forex trading is exploding across Africa
by andi999 on Thursday March 11, 2021 @03:53PM
(#26428883)
This is a good point. One could argue that some people buy currency on forex to use it for a different business which gives them a gain. So your selling benifits them and you.
About stocks I absolutely agree - history tells us there's a long-term positive (US) market return so it's clear that an average investor should get exactly that return minus costs/fees.