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majed · 01-04-2005, 02:45

Currencia:
My salary is the collateral; the bank deducts from my monthly salary the total loan amount- including inters for 48 months; I have already paid 4 months, I have deposit a part of the money in another bank with 2.5% interest, the rest is in my current account of the lending bank.
I am studding different alternatives:
• Returning the money to the bank is one option; its easy and safe, but I will lose the interest amount which is high in my case, about 22% for 4 years.
• Other option is to invest it in other field; for example buying shares from the financial market of Dubai, I don’t have experience on this also, but all statistics shows an increase of 45% yearly, so perhaps buy and hold.
• The option which I am exploring now is forex, I have some (limited) experience, the problem is the high risk factor.
Let's reframe: could any body of experience traders, suggest a strategy with low risk factor that can generate little almost fixed profits?

01-04-2005, 02:45	#9
majed level 3 Join Date: Oct 2003 Posts: 137 Downloads: 0 Uploads: 0 Rep Power: 0	Re: what would you do? Currencia: My salary is the collateral; the bank deducts from my monthly salary the total loan amount- including inters for 48 months; I have already paid 4 months, I have deposit a part of the money in another bank with 2.5% interest, the rest is in my current account of the lending bank. I am studding different alternatives: • Returning the money to the bank is one option; its easy and safe, but I will lose the interest amount which is high in my case, about 22% for 4 years. • Other option is to invest it in other field; for example buying shares from the financial market of Dubai, I don’t have experience on this also, but all statistics shows an increase of 45% yearly, so perhaps buy and hold. • The option which I am exploring now is forex, I have some (limited) experience, the problem is the high risk factor. Let's reframe: could any body of experience traders, suggest a strategy with low risk factor that can generate little almost fixed profits?