Quote:
Originally Posted by illkity
Mutual funds. It's not sexy but pretty damned reliable. Should be able to squeak out 10% a year at least over the long haul. Just be sure to mix it up. I have money in international, gold, oil and domestic funds.
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Exactly, there maybe more money in forex or penny stocks, but swimming with the sharks isn't really a good idea if you don't know very well what you are doing.
Those who earn huge money are so successful because there is a constant flow of newbies like your friend who are looking for a quick buck and end up with all money lost.