investing for investing...

[Account Closed]

After a discussion with our children, we have decided that since it would be at least a year if not more till we are ready to invest, we thought it best not to put our money into a simple savings account. Instead, we decided to invest it in Forex stocks. My youngest son is already investing in some and is doing well. He hasn't made much but there has been some profit. So we give him some money from time to time to invest and that way we can make some passive income from there to add to our funds for REI.

[Joe Villeneuve]

Originally posted by @Peter Mckernan:

@Account Closed said, “it’s speculating.” It is hard to invest right and create a huge gain, or if you do keep that gain for a long time. That is why people go the route of real estate, or mutual funds. These give better returns and a safer play on your investments, because they are diversified, or they are much more calculated. 

 Not so sure I would consider Mutual Funds safer, or more calculated.  They're just stocks/bonds that you give someone else control over the decisions.  I think FOREX is actually more calculated and safer...if you know what you're doing.  If you don't know, then neither way is safer, because you lack control.

I also would consider anything in the Market a better return since you have to spend the money to get the returns. In REI, you don't have to spend a dime...and shouldn't.