[Dakine69]

In my opinion, the keys to wealth creation:

1)Invest in a diversified portfolio using top mutual fund managers. U.S. stocks, international, small cap, large cap, value, growth, etc. Morningstar.com has an excellent portfolio allocater and research on funds
Nominal returns of 10%+/yr over a long period 20+yrs can be attainable. I have handily beat the s+p 500 using this approach.

2)Use tax deferred retirement accounts such as 401k, sep, ira to excelerate growth and save for retirement.

3)Goverment "subsidies" ie. real estate and the power of leverage. (real estate is a little sketchy right now but opportunities will be present soon) The government urges people to buy real estate hence tax deductions on interest, taxes, etc. and the powerful 1031 exchange which basically lets you parlay real estate gains indefinetely

4)Real estate is the #1 area of wealth creation, I would recommend setting a goal of purchasing 1 property every x amount of years. Create relationships to aid in building a real estate portfolio-good agent(I am a little biased), lender, painter, handyman, etc.

5)Setting a small percentage (5-10%) of overall investment portfolio on aggressive investments. This could be your own start up business for those who don't have a career or maybe an opportunity that you come across. (be aware that 90%+ businesses fail)

These items have worked for me and have created passive income to supplement my poker income