Are options a good way to invest money?

Another factor to consider is whether the time needed to trade fits into your lifestyle.

For me, as I am a day-person (morning lark), I prefer to trade Forex instead as I can trade it in the morning and the afternoon, for 30-60 minutes per trading day.

Trading US Options requires you to trade at night when the US stock exchanges are open (from 9.30pm or 10.30pm depending on daylight savings). It suits well for night-person (night owl).

Hopefully this can help you decide whether to trade Options or Forex, or even both.

Options are highly advanced instruments. If you are just starting off on investing, do not think of options as an alternative to stock/forex trading - learn the basics first- stocks or forex trading.

You need atleast some mathematics strength to really understand them. They're amplifiers - they can magnify gains and losses both!

There is no 'good' or 'bad' product - only less dangerous and more dangerous.