For many years, a key way to invest some of your hard earned cash was through the buying of stocks and shares. Having a little dabble in the stock market became the preserve of just about anyone during the 1980s, when key services were sold off – gas and British Telecom being two of the most famous. But this traditional way of buying and selling stocks and shares involved those making an investment actually buying assets they were interested in, and then working out whether it was best to hold onto them, or when to sell them to make the most possible profit. Sell at a good time and you could make a great profit on your initial investment, but get it wrong and you could find yourself seriously out of pocket. Clearly it was not for the faint hearted.
Today, there is another way to make an investment without actually buying anything. Binary Options like those offered by Binary Uno involve predictions on whether a stock will rise or fall in value over a short period of time. It has recently become increasingly popular. Part of the reason for this interest is that you need no previous experience in trading to take part, it is all about speculation by looking at the current and previous trends. You can check out a site like buyshares if you are looking for something more specific like how to buy shares nz.
Binary Options have only two options. You look at the current price of the asset, decide on your investment and choose whether you think the price will go up (the ‘Call’ option) or whether it will go down (the ‘Put’ option). Binary Uno tells you how much you stand to gain depending on your investment, and you can choose your currency, and assets from a range that includes Google, stocks in banks like Santander and Lloyds, or commodities like gold and silver.
Ultimately, there is a risk involved as there is with any kind of speculating and investment, so it it worth researching the options available. But this may be the right kind of investment for you.