Take a look at money markets they offer higher APR then savings or CD and have no restrictions on taking out your money. You'll have to put your money at a financial institution which is not FDIC insured though. ( didn't know APR had a context outside of debt LOL its so commonly associated with it ). Also the money I put into mutual funds is getting a return of -0.5, its quite lovely. Nothing I can do cuz pulling out now would be buying high selling low. If you're going to gamble with trading in the market the best advice is don't trade on well known information.
I think getting from 0.0 to 1.0 is the hardest part, I think once you hit 1.0 you can either choose to act on all your free time using it for personal reasons and eventually loose your wealth status, or you can spend your new found free time investing in yourself, investing in your own earnings potential by using all your free time to find new ways to make products and services to help people. The higher your wealth the more you would theoretically find ways to cut inefficiencies, its a positive feedback loop.
This is also of interest http://en.wikipedia.org/wiki/The_Long_Tail
Building wealth
Moderator: General Moderators
Re: Building wealth
To be honest, anyone trading at the moment who hasn't spent a heck of a lot of time researching the industry they're buying into is a complete idiot. It's far too easy to lose all your investment. Even the 'experts' fail sometimes (eg the hedgies who shorted VW last week).