Not a lot of people can be adventurous with their money. Most of your friends probably stick to their savings account or, when they’re feeling lucky, the local lottery. Not you, though. You’ve tried your hand in the stock market, in mutual funds, and in government bonds. You have money kept in time deposits and special deposit accounts. Now, however, you want to try trading currencies. The only problem is, you don’t know exactly what forex means. To help you get started, here are a few forex facts:

(First published as "Money Wisdom" in the "Good Money" section of Good Housekeeping Philippines' March 2011 issue. Adapted for use in Female Network. Additional reporting by Jennifer Chan.)