I'm sooo confused!
I read newsgroups like this one and the consensus is I can't do better than an index fund for long term growth.
But I'm also an insomniac, which means I watch a lot of Really Good TV. Every week I see some dude (who is clearly my new best friend) tell me if I just send $29.95 for his package, he will show me how to double my money annually. I just need the right investment tools. It is in various domains: FOREX trading, stock market tools, real estate
- but it's all the same idea.
So - are all of these offers just trying to scam me out of $29.95? Or is it in fact possible to beat the index?
My first thought is if I knew how to double my money annually, I'd be
*doing* it, not trying to sell you the secret. Hmmm.But I'd love to see some knowledgeable comentary!