Matt DeLong
Where should I invest my money to get the highest return?
The answer to this question is — How much risk are you willing to take? How much capital are you using? What timeframe?
By taking a risk, you should be at least 65%+ confident that things will go in your favor. This needs to be a statistical probability, not a gut feeling. This moves you from a “blind risk” to a “calculated risk”. In this scenario, you are playing statistics — not gambling — when the odds are slanted in your favor.
What are examples of risks that are NOT slanted in your favor? Las Vegas or the lottery. People know this — yet willingly give up their hard earned money.
Stocks / bonds / ETF’s (would avoid mutual funds)
Real estate
Gold / precious metals
The answer also depends on how much capital you are investing. Obviously $10,000 won’t buy a commercial real estate building in NYC, but $100m will.
Higher risks = higher returns.