[brudgers]

{random advice from the internet}

Savings is about saving money. The point is to have the money that was saved later. 0.5% return is better than losing money. Always.

One way to look at it is saving $1000 a month in something that has a 50% chance of a 15% return [1] is really hard. Saving $1500 instead of $1000 a month is a lot easier and is likely to produce better returns.

Another way to look at it is that if the goal is to figure out a way to use your money to get other people's money, you're up against people trying to figure out how to use their money to get other people's money. Those people do it all day long every working day and have enough chips to buy any pot you're in. Remember that the goal is to have money later. It's not to optimize returns this year. It's not about returns at all really. It's not a competition.

If there's a binary model, it's high frequency trading at one pole and dumb luck at the other. A great way to achieve wealth is to select rich parents. A great way to achieve a small fortune is to start with a large one and go up against high frequency traders.

Good luck.