Last week in my math class, the professor decided to lecture us on the benefits and details of exponential growth as it applies to interest and savings. He implored the class to consider setting aside money for retirement now, and most of the class balked. It’s not a terrible idea really, and opening an interest bearing savings account is one of the safest ways to go about saving money and accruing interest.
However, for someone looking for something a little more risky, brokerage firms like global futures offer a variety of trading options and foreign exchange services. With low rates ($250 dollars in some cases) it’s certainly an interesting alternative to keeping the money under the mattress or in a savings account.