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Effortless English Podcast | Learn English with AJ Hoge

The Best Investment

Effortless English Podcast | Learn English with AJ Hoge

AJ Hoge

Language Learning, Education

4.61.1K Ratings

🗓️ 21 January 2009

⏱️ 8 minutes

🧾️ Download transcript

Summary

Transcript

Click on a timestamp to play from that location

0:00.0

The best investment.

0:03.0

What is the very best investment?

0:08.0

Which investment guarantees the highest ROI, return on investment.

0:17.0

Given the worsening economic conditions in the world,

0:21.1

this is an extremely important question.

0:25.0

The experts of course constantly changed their advice.

0:28.0

Many proclaimed that the stock market was the best investment, providing the best returns over time.

0:36.2

They recommended diversified mutual funds as a sure bet long-term investment.

0:43.7

Now, the stock market has crashed,

0:47.6

and all those people with mutual funds

0:50.0

are in serious trouble.

0:56.0

Other experts recommended real estate. Buy, buy, buy, they said.

0:58.0

These geniuses gave advice such as,

1:01.0

your home is your best asset.

1:04.3

It's not an asset at all, usually.

1:07.7

Now the housing market has crashed

1:10.3

and millions of people are in trouble, as are the banks that lent them the money.

1:17.0

At the moment, metals and commodities are looking like good investments,

1:21.0

especially with the recent big drop in prices.

1:25.0

Probably, these are good long-term investments at the moment.

1:30.0

However, this is not the best investment. There is one investment which is always

1:35.7

superior. There is one investment that always pays very high returns. This is one investment that always beats all others. What is it?

...

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