Trade Everything: How Technology is Opening New Markets
The types of derivatives and exotic derivatives that are traded are pretty amazing. You can take positions on everything from interest rates to weather, from pig futures to soybeans.
You haven’t seen anything yet. The number of items that can be traded is increasing, another sign of advancing technology and the the continual search for new wealth building opportunities.The types of assets you can trade is also becoming more varied.
Just take a look at Intrade.
Intrade is a prediction market that’s drawing a lot of interest. The prediction market allows people to trade typical commodities, like gold, oil, and currencies. Political outcomes, like the 2008 Presidential elections, are among the most popular trades on Intrade.
But, there are markets for a wide and weird range of other assets and scenarios.
Accelerating Technology, Internet, Investing, Money, Online Investing AI
I'm George Ulmer. Matt and I started this blog and launched the Online Investing AI business. Our goal is to develop the technology to allow anyone to retire after working for 10 years.
is one of my favorite financial books of all time. It's an allegory about a guy who has a terrible job, and how he overcomes challenges to achieve his dreams.
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