Well, I said apart from derivatives and bonds (I was trying to be helpful, honest), so I can't accept "government bonds" as an answer (I hope you'd realise that they're just a specific form of bond). No, I'm not suggesting that fixed income funds trade currencies (though obviously they will), I'm saying they hold currencies as an investment for their clients.
[1] Can you point me in the right direction? I've tried to find evidence to support thiis calim, and came up with ...zilch.
[2]
The Complete Idiot's Guide to Investing Investopedia tells me of possible ways to "invest" in currencies. Please tell me which fits best what you're suggesting fixed rate funds do:
-Standard Trading Account (trading)
-ETF/ETN (trade currency without Forex account)
-CDs & Savings Accounts (money in the bank)
-Foreign Bond Funds (Not_your_own Government bonds)
-Multinational Corporations ("indirectly participate in the foreign currency markets through their ownership in companies that do significant business in foreign countries." Rube Goldberg's favorite, and "5 Ways To Invest In Currencies" sounds so much better that "4 Ways..."
[3]
Fixed income traditionally was investments for "widows and orphans" - low risk, cash and bonds, in a pre-derivative era. So that's BTC investors, widows and orphans now - you want to tell them their investment isn't an investment, or shall I?
Investments for "widows and orphans" sounds like some sort of a nasty bitcoiner thing where everyone gets raped and then the streets flow with tears and snot. If you're talking about IRL safe investments, "Good as government bonds" is proverbial
[4]
Part where LBGA tries to get catty
Doen's become you. Don't.
[1] Links in previous post, surprised you "missed" them. Here's
Schwab again:
Schwab and Schwab Bank offer a wide selection of cash and cash investment solutions.
Barclays offer the same. A quick google for "cash" and "invest" should open up a whole new world to you. Hell, while you're at it, google "traditional investments". (They're all - IMO - poor investments, before you get your panties knotted, but see [3] below).
[2] You probably want to avoid Investopedia, it's a resource for lay-people with minimal experience. Entry-level stuff. You should also probably realise that I wasn't talking about fixed income
funds. (Go back, re-read my posts - I'll wait).
[3] We're not talking about safe investments, good investments or bad investments. Remember - we're talking about your belief that "you invest with money, not in money". Your hobbies are not relevant here.
[4] Tell me what will and won't result in your butt being hurted, and I'll do my best to accommodate.
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