Turn the falling pound into an increasing bank balance

As The Times noted earlier this month, ordinary investors are making themselves a neat little pile of pounds by betting against the sterling, and in fact, it is becoming more popular than buying shares in the current economic climate.

Spread betting companies have seen an increase in the number of spread bets being taken against the pound and are seeing handsome payouts to the ordinary investor as the pound continues its slide.

This month, the value of the pound fell to its lowest level since the Euro was first launched back in 1999 and even against the dollar the pound has sunk to depths a far cry from the high of more than 2 dollars to the pound just a few short years ago.

Spread betting – or spread trading as serious spread bettors prefer it to be known - allows investors to profit from volatility in a commodity or currency and spotting a trend early enough, such as the pound falling as it has this year, and knowing your chosen market, can make an investor a huge return although it is important to ensure you know what you are doing and how it works thoroughly before taking the plunge.