Now if someone came up to you and told you that they could TRIPLE your money in 8 months, what would you say? Laugh, and tell them “no thank you”, right? I mean A) if they could triple someone’s money wouldn’t they triple their own? and B) if it sounds to good to be true….
Unfortunately, that is how most people think and so they stay forever content with the paltry 1.5% interest at their bank and get really excited about their company’s 401k mutual funds doing 20-25% returns. 25%! That’s like giving money away! – right?
The truth is you can make a huge return on your investment – if you know how. And all I need to tell you about it is 6 easy payments of $19.95…. now seriously, their are those out their that GUARANTEE huge returns in short amount of time without ANY risk and usually want some $$$$ to let you in on the secret. All three of those are warning flags – though it is possible to have low risk, guaranteed returns at lower return levels like 15%, (suddenly that 1.5% savings account not sounding so good?) but that is a different story altogether. We are interested in HUGE returns, right? Now from my own personal experience I have to say that one easy way to make big returns is the stock market. And when i say that i mean STOCK market, not mutual funds. Mutual funds are for lazy investers that what to “diversify” (because they heard that was good) and let someone else manage their money for them. The money manager of course needs to get paid which lowers your returns, but that is really only part of the reason mutual funds do poorly after short term success. Hint: If you are looking at a fund that has had great past growth – realize that most of it’s growing is already over. Which i know is counter intuitive for many people. Again, I digress about things which i will strive to cover later… the real reason we’re all here is for the cold hard facts about how much of a return is possible in the stock market. But first let’s touch on an important point.