A new “loop” or financial bicycle is growing and allows you to earn money almost without leaving home.
The exchange market allows you to speculate every time and earn up to 20% in 48 hours with a few clicks. There are two options to do so, one involves buying MEP dollar and then selling LEDES. The other is to acquire the so-called stock dollar and sell it on the parallel market, an operation known as “mash.”
The saver should buy the AL30 at $10,400 in immediate cash. The next day, That bond is sold but against dollars (in AL30D), at $23.25 (if the value of this Wednesday is taken into account). That gives $447 per dollar (so far it would be a MEP dollar trade).
The next step is, with those dollars, to do the reverse operation but with LEDES (Treasury bills): S3Y3 is bought at US$0.209 in immediate cash and sold against pesos at S31Y3 at $96.03, which gives $459.
That is, you earn $12 for every $447 invested or 2.7% per day. From this profit, we must subtract the commissions of the platforms, which in general are around 0.4% or 0.5% for bonuses and 0.1% for Letters. In other words, the small retail investor A 1% dollar rate per day remains clean.
But there is an even more profitable operation, which is withdraw the notes from the bank and go to a cave, where you will be recognized at $480. Thus, In a single movement, the saver can obtain a 9% profit, or 33 pesos per dollar, re-deposit it in the bank and repeat the operations as many times as he wants.
The risks that are run is that there is a day of parking and that that day the prices can vary and the parity with the dollar can move.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
