a) Open a futures trading account at say Interactive Brokers.
b) Fund up the account with about $15K
c) Submit a buy at market order for a futures contract for Israeli Shekel on CME.
d) Watch the value in your margin account fluctuate daily with the fluctuations in 1M shekel = $290K you now have invested in.
research "Forex", and amost all the forex sites out there (and the youtubes) will have introductory/informational info for you on how to do exactly as you describe.
You would be better off handicapping horse races. You will lose all your money, but you could step outside at the track and get fresh air.
It is called Foreign Exchange (or FOREX for short).
It is a great way to lose money if you don't know what you are doing.
Hypothetical, lets say i believe the Shekel will do fantastic in the future, sky rocket, how do i take part in its success? Do i just buy shekels, do i invest with a company? What's the best way to profit off of a currency that does well? I couldnt invest into the Shekels with Shekels right? I'd need to purchase Shekels with dollars or something correct, another currency other than the Shekel? Please forgive me my extreme ignorance.
