Is there a difference between investing money and saving money? There certainly is. You are being proactive with your money when you invest it. You are taking an active role in what happens with your money and are putting it to work for you to earn you more money.

On the other hand, when you save you are taking a passive role with your money. Saving money means to put it away somewhere for safe keeping for a future date. That is where the whole idea of “saving money for a rainy day” comes from. Saving money focuses on keeping the principal safe (or the money you had to begin with) while investing is more concerned about the return on money. Investing involves a risk factor while saving involves a slight risk but not nearly as much as the former.

This pick is here thanks to our mate Jerome who mentioned it in my post about Getfolio.

Condor Options is not a managed account or other kind of investment program where you send your money and wait to be traded.

What Condor Options offers is similar to the trading signal services. They send alerts on trading indexes by their Iron Condors strategy. The company claims that you need no more than 10 minutes per week, so it is almost a passive investment. There is even an auto trading option which makes it entirely passive.

If you are not familiar with the concept of growing assets, I strongly recommend you to read Passive Investing vs Growing Assets first.

Photo by inju at Flickr

Growing assets beats passive investing for many reasons – like the ones pointed here – but is not an easy thing to do. While many of us are just fine with putting in some work to do the magic, you may be one of the people who have enough free money and are looking how to invest them in valuable assets without having to work for months. Regardless in which category you fall, a bit of leverage on your efforts can have significant impact on the final result.