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RANZ

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Posts posted by RANZ

  1. The odds with changing money with IG is they decide the rate, it could be better than the bank but can never be as on exchange as for example on Transferwise, if you want to check you can compare live exchange rate on IG and transferwise. What I'm presuming you're not after trading because say if you open a position just to convert the money and an instant spike can increase or decrease the original amount if you're open to risk you can take chance but 100k  just in one position is quite risky you might think of opening smaller positions but again you need to manage risk and need to check what conversion rate IG offers.

    Also wherever you go your conversion beware of all the hidden charges etc.

     

    Hope it helps.

  2. More people are dying and cases are on increase worldwide. The way market is going up it will come down in the same way. As you said all these stimulus packages are kind of a loan and need to be paid one day. But QE always results in surge of stocks like in 2008 etc. 

    But this time it's different than 2008 this time collapse will be everywhere not just banks.

    I'm just thinking may be markets are high on the prospects of oil price decision.

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