Where to Invest Today?

Podcast:

#376: Where to Invest Today?

In this video:
00:24 – My latest bank statement
01:07 – What are your options?
02:06 – Continuing to do what we’ve always done
02:21 – Client from Germany making 2.5% to 4% per week
03:45 – The takeaways from Sedat’s comments
04:45 – Bettering yourself as a Forex trader

Bank interest rates continue to fall. So what do you do when it comes to investing? Let’s talk about that and more right now.

Hey, traders, Andrew Mitchem here at the Forex Trading Coach with video and podcast number 376.

My latest bank statement

Now, I’ve received a letter here from Lloyds bank over in the UK. I had a account when I was a kid with Lloyds. Still continue to have one there for when we go to Europe for holidays, not sure when that’s going to be happening next either right now with coronavirus.

But anyway, what I wanted to talk about was on here, it says my interest rate will be changing to 0.01 gross interest paid quarterly. How exciting is that? A 0.01% interest, it’s incredible. It costs them more to send me the letter to New Zealand than they’re going to pay me in interest.

What are your option