What to do with my profits

[dugu]

My directory is making good money, these days. I was wondering if any of you invested you money into something else then the directory industry. I read somewhere that in the forex industry, you can make around %200 per year if you are good at it. I found a site, some sort of platform offering forex signals , and I approached its owner.
What do you think, should I invest my money there? The rates are pretty attractive.

 

[DJ-Sound]

I've had 2 years of (failed) attempts to make profit from Forex trading, it was fun, but not a source of income for those who aren't pros.

If your directory is making money, re-invest your profits back into your site on expanding your projects and marketing. You'll get a much larger return investing in yourself than playing with fire in the currency market.

 

[shockie]

forex trading always seemed to scammy to me, although there are probably some legitimate ways to go about it. maybe you'd like to continue what you're good at and make another directory, or branch off and do something similar.

 

[travinb]

why don't u just invest in stocks through mutual funds?
just curious..not suggesting

 

[tru1]

Put your money into life insurance (whole life policy) so you can get cash value and/or put it into a roth ira and see what compound interest can do for you

 

[loko123]

forex is too tricky, and most brokers companies will play really unfair with you. better start working with the banks directly but that's mostly for bigger players.

 

[Cicero]

Well to make 200% prof in forex you would probably need a lot of knowledge. It is not at all advisable to do forex. I do stocks they dont require much inteligence as my broker does it for me and We share the money. I pay my broker a lot of commission -8.5 % for buying and selling together but then the overall turnover is so high, I get more than I could have if I had done it alone.

If you dont want to do stocks, Ill advice you to stay in the directory buisness of yours. Maybe you have the potential to become a directory moghul :D