Trading is a linear income, that is to say you only get paid when you trade... I am seeking some ideas on residual income, since I have a bad feeling that I am not fully exploiting my trading profits... I have accumulated quite a large amount of $ that just seems to be pointlessly sitting there doing nothing... if anyone has any ideas on where I could park my excess trading profits so that it earns an ongoing (i.e. residual) rate of return considerably above a savings account rate, without me needing to tend the capital, I would be very grateful for some ideas... I have been reading Kiyosaki lately, and he is what made me realize that I better get my act together regarding doing something about money sitting around doing nothing... rental income is my favorite possibility so far, but I aint too sure about real estate in general, and I aint sure if its actually that hassle-free, cos I would have to deal with tenants and stuff... outside of daytrading, I am a novice, and need some real help getting my act together... any help would be much appreciated, guys...
P.S. thanks dougcs, fox, lescor for your suggestions, which I am gonna look into...