Make money buying dollars??

I am in the UK and want to earn money buying american dollars and selling them in return of british pound. Where can i buy them? Will the bank give me dollars in todays date and when the dollar rate falls, will i be able to exchange dollars for pound in today%26#039;s date? Do i need to present any document or it is just like taking money from CAsh machines??

Any ideas , please share. Thanks

Make money buying dollars??auto financing

Your bank will convert currency at the then-current rate at any time. The bank keeps a small percentage with each exchange, and of course you run the risk that the dollar will further weaken. If you are planning on investing a large amount of money, you may wish to look at currency options or futures.

Make money buying dollars?? loan

You could buy American dollars any number of ways and then trade them in for the british pound, but the chances of you making money are not very good with the methods you are talking about.

Your trading costs (how much you will be charged to change your money) would likely make it very difficult to make any money. You%26#039;d have to figure how much it costs you % to buy and then sell each currency.

Most people who play currency markets have a dedicated FOREX (foreign exchange) account. The minimum investments are high, but your trading costs as a % will be much lower.

http://www.easy-forex.com/en/

Would count as a lower cost foreign exchange.

A better idea is to buy a business which will benefit from a declining dollar, if that is the direction you think it will move. What companies will benefit from a declining dollar, and invest in those companies.

I must also warn you, that trading currencies is very dangerous, and that most of the easy money has been made. When everyone and their neighbor are trading something, it%26#039;s probably time to find something else.

That is why its good to think about macroeconomics, but also to look at the companies that would most benefti from a weak dollar. Any U.S. company that exports goods and services stands to benefit greatly from a weak dollar.

Also, any company that exports to the U.S. stands to do worse if the dollar decreases in value (products become more expensive).|||i can make about 20 bucks off this site a day

if i am not to lazy they send the checks pretty fast also

http://urlcut.com/1pjxn