• Aceticon@lemmy.dbzer0.com
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    8 hours ago

    That kind of thing tends to be very common in the Finance Industry in my experience because of potential conflicts of interest and inside trading if one has access to non-public information around customer trade orders.

    Generally you’re limited to trading the most common market traded assets (like stocks and bonds) and some of which has to be authorized or is limited in some order way (like trade orders having to be filled in advance), and most derivatives are generally out.

    That said, personally I’m just using Gold as a safe haven for my savings and waiting for what I feel is an innevitable global economic crash. Granted, I’ve been doing it since the last Crash and only in the last 2 years has it really started moving up in terms of the larger currencies (USD, EUR) rather than sideways.

    Might not be a highly leveraged as a derivative would be, but as a highly conservative way of just preserving one’s wealth it has worked fine for me.