Best Investment Right Now?

A solid investment advice for those young people who may come across a horde of cash out of nowhere. Invest in yourself. That is what I surprising read today in one of the articles. It goes on say that young people should take classes, open up a website, brainstorm some ideas and the like because in the end they may get more than the 20 percent return that they are expecting in the market (for stocks and the like). It is a very good advice. People have been getting advice by financial experts to max out their 401k and IRAs and put the money in the stocks and bonds and the others, but very few have said to them to invest in themselves, start a company.

I know starting a company is not everybody’s cup of tea and in these times, it is downright scary to put your money in an unknown venture. But the traditional methods of growing your money is just like a broken record to me. Why not invest in something which you know about something. The stocks have the same unknowns as starting a company is. And most of the people just try to change the percentages of what they are investing in 401ks. They don’t actively seek to manage their account and know which company is doing better. They leave it to what people say are so called “Professionals”.And as you see, these “Professionals” have turned out to be no smarter than the average Joe (may be a little smarter but then they get paid for being a little smarter).