If you want to keep your day job while growing your wealth over time, I would suggest that you consider investing in the stock market, but do so in such a way that you virtually eliminate price risk while still receiving income from dividends. You can do this, if you know how.

Your question says "investment ideas" so I'm going to assume you don't want to be a trader, but more of a long term investor - and judging by what you've also said, you seem to be looking for a better alternative to high interest bank accounts. I also suspect you want something that is pretty close to being as safe as putting it in the bank, if possible.

There is a way that you can "insure" company shares that you have purchased, using put options. When you combine this with another strategy which is similar to "averaging down" (but not quite the same) you can actually (in a worst case scenario) buy shares at the top of the market, then watch the price of your shares fall over time, but instead of panicking and selling at a loss, implement a neat little strategy that will eventually result in you owning a lot more of the same company shares than you originally purchased, but now at a much cheaper average price, so that when the price recovers (as all reputable company shares do), your wealth will have increased exponentially.

The strategy is described on the page in the link below. Good luck!

Open a Scottrade account and invest $1,000 in stocks play with it for 3 months and if you think your comfortable then put in more money.

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Buy mutual funds. Buy the $SPY, $DIA,

Learn how to chart.

Hello! I am a 21 year old who has a fairly good paying full time job for my age (60K/yr) and I was hoping for some advice on how to make my money grow. I have already maxed out my TFSA's at the bank and I have all of my money in high interest accounts, but I would like to know of other ways to invest it. If any of you have investment ideas or advice I would really appreciate it.

Thanks!