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U S News and World Report | How to Trade Currencies, Avoid Forex Trading Scams By Ian Bezek Reviewed by Rachel McVearry Geopolitical events are another key factor driving increasing interest in forex. The invasion of Ukraine has caused investors to seek safety in their portfolios. Traders turn to forex "in times of overall geopolitical uncertainty, as we have recently experienced with Russia, Ukraine and China," says Stephen Akin, a registered investment advisor and founder of Akin Investments. "The safety trade, often referred to as 'King Dollar,' has been used to protect investors around the world seeking the safety of the U.S. dollar."18 August 2022
US News and World Report Kate Stalter Jul 5, 2022 While options can help preserve and grow account value, investors must use caution. Stephen Akin, founder and investment advisor representative at Akin Investments in Biloxi, Mississippi, has used options for many years, sometimes with a very simple strategy of put or call purchases on the direction of an underlying stock or overall market. "Another easy way to buy a stock in volatile markets is to sell a put on a company that I'd like to buy," Akin adds. "If the stock weakens enough to have the option exercised, I'm in at a lower price. If it's not exercised, simply book the profit on the expired put. This also enhances total return on the portfolio."18 August 2022
Updated by Rene' Bennett Banking Writer for Bankrate May 27, 2022 also by msnNOW May 27, 2022 Bankrate.com by James Royal | 5 Reasons why you should add Beneficiaries to Your Accounts Now “When you name beneficiaries you ensure that after you die, your assets go to the people or charities you choose,” says Stephen Akin, a registered investment adviser at Akin Investments in Biloxi, Miss18 August 2022