The Best Return On Your Money If You're Young With Little Cash Is...

by Arturo F Munoz
(San Francisco Bay Area)

The Financial Times has a column specializing in explaining to the general public how hedge funds operate their technical strategies. It is written by James Altucher, a hedge fund manager with Formula Capital, of which he is its founder.

James set up Formula Capital after co-founding another venture capital fund back in 2000. He studied at Cornell University and did a post-grad stint in computer science at Carnegie Mellon. The guy is sharp regarding stocks.

You'd think he would advice you to take your money and invest it – where else? – in Wall Street, right?

WRONG!

Listen to what he says regarding the best investment that you can make for the greatest return.


One key idea to take away from his brief discussion below involves knowing how to figure out what you'd like to invest in, what you'd like to do. He explains through illustration that you should make your choice in an area where you have some expertise and can uplift rather than berate your clients with your knowledge.

He started with very little money, but spent more of it learning the lesson above by making more mistakes than necessary. Now you know. Don't copy his mistakes!

He adds that you will obviously invest more into something that is producing for you some return. So avoid his mistakes to improve your concentration on doing what works, so that you can gain returns fast to plough back and continue growing your investment.

That's how his web site Stockpickr.com grew to become large enough to sell to TheStreet.com for a sizable sum of money.



Now that you know this, what do you think of James' advice?

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