What gives the highest return on investment?
I guess if anyone has a good answer to this question, there will be many more millionaires walking around. Investment is what it is… it’s all about taking risks. I think what’s happening in the American economy now illustrates this point. The big banks, long considered the growth machine is taking a beating. A lot of rich people that invested in hedge funds and “specialty funds” that cater to rich people took a beating… sometimes more than the average investor. Unfortunately, the best way to achieve the highest return “legally” is to diversify your portfolio and take risks in small increments depending on your age. Also look at your investment in a long term. There maybe years where your investments go up 30%, but go down 20% the next year to even it out. Believe me, 8% average will look like a good thing. When the banks charge 18% APR, it’s because they are taking a lot of risks. Remember that many people will not be able to pay back their loans. If you average out the losses, it