Binary options differ from more conventional options in significant ways. A binary option is a type of options contract in which the payout will depend entirely on the outcome of a yes/no proposition.
The yes/no proposition typically relates to whether the price of a particular asset that underlies the binary option will rise above or fall below a specified amount. For example, the yes/no proposition connected to the binary option might be something as straightforward as whether the stock price of XYZ company will be above $9.36 per share at 2:30 pm on a particular day, or whether the price of silver will be above $33.40 per ounce at 11:17 am on a particular day. Once the option holder acquires a binary option, there is no further decision for the holder to make as to whether or not to exercise the binary option because binary options exercise automatically. Unlike other types of options, a binary option does not give the holder the right to purchase or sell the underlying asset. When the binary option expires, the option holder will receive either a pre-determined amount of cash or nothing at all. Given the all-or-nothing payout structure, binary options are sometimes referred to as “all-or-nothing options” or “fixed-return options.”
$25,000 isn't enough to generate much of a monthly income.
I would pay off those bank debts and throw the rest into a savings account as an emergency fund.
Realistically, $25,000 could reliably generate you $83 a month...hardly sufficient to live on...
Pay it ALL towards your debts...
It depends on how much risk you want to take, you can invest in the mutual funds if you want
take a vacation. after you get back, let us know what you have left. and we will go from there.
bon voyage.
yes
stock
Give it to me.
I just got a payment of this amount and I want to invest it wisely so I can generate monthly cash for living. . What would you recommend?
FYI: I have no job, im self employed and also kmy husband and we are having very tough times. I pay for house rent, and I have bank debts. And I haven't taken a vacation since 2008.