What is a good way for a 19 year old college student to invest thier money?

I want to invest a certain amount of each month into something that will accumulate interest. I don't know what that would be, I know stocks can be risky and you need a Broker, so what else is there?

United States Savings Bonds

I Series bonds are inflation adjusted.

Mutual funds.

I use scottrade for mutuals and stocks.

Standard investment advice is that you should invest in a diversified mix of stocks, bonds, and money market funds. You want to buy a diversified portfolio of stocks as individual stocks are too risky. Most folks have a dificult time buying a properly balanced portfoilio of stocks on their own. They will misbalance their portfolio by buying all small stocks or all growth stocks, or some other misbalanced assortment of stocks. Unless you know what you are doing, it is best to buy mutual funds. You don't need a broker, you can deal directly with the mutual fund company. I like Vanguard.com, other people like Fidelity, TIAA-CREF, and DFA. Buy no-load, low -expense funds. If you are like most people you will invest part of your money aggressively in stock funds, and part conservatively in money market funds and bond funds. Vanguard has an on-line questionnaire which will give you an idea of how to do "Asset Allocation," determining how much to put in each type of fund.

If your company offers a 401K plan at work, try to invest the most you can. The money grows tax free, and some companies will match your contribution. Investing in a mutual fund IRA is also a good idea. If you have children, you may want to consider a 529 plan or other college savings plan that grows tax free.

I like index funds. Because of their broad diversification, you are less likely to have a dramatic drop in value. They also have the lowest expenses. For stock funds, I would suggest putting ~70-80% of your money in the Vanguard Total Stock Market Index Fund. and ~20-30% in a foreign stock index fund. However, there are many different opinions out there on what the best mutual funds are. Read the links below and form your own opinion.

If you have high-interest debt, like credit cards, it is best to pay this off first before trying most of the investment ideas above. You should also have 3-6 months of salary saved up as an emergency fund in a bank or money market fund before trying more risky investments.

Believing advice you get on Yahoo answers can be risky, so read these websites for further information. If you find it too confusing, contact a professional financial advisor. They will charge you significant commissions, however.
Sources:
http://www.vanguard.com/VGApp/hnw/planni...
http://www.fool.com/school.htm
http://sec.gov/investor/pubs/assetalloca...
http://www.diehards.org/readsites.htm
http://finance.yahoo.com/education/begin...
http://finance.yahoo.com/funds/basics

Asset Allocation Calculators
(Determining how much to put in stocks and how much into bonds and money markets is a personal decision depending on your financial status. These Asset Allocation questionaires give you a rough idea how to do this. I like Vanguard best, but try some of the other sites as well.)
https://personal.vanguard.com/VGApp/hnw/...
https://ais2.tiaa-cref.org/cgi-bin/WebOb...
http://www.ifa.com/SurveyNET/index.aspx

Web forum: http://www.diehards.org/
(Many investment web forums are overrun by scam artists. This one seems the most legitimate site.)

529 plans: http://www.savingforcollege.com

Mutual funds are probably a good place to start. They are a method of diversified investing. The spread money out so that generally if one industry is down another will be up. Mutual funds have a good rate of return.

Bonds tend to be a little safer and return less over the long term.

Best of luck!

You may take a look at this side with countless Youtube videos about investing and investments: http://www.forex-profit.info

or at this one with all YahooAnswers about Investing in once space at http://www.autotrading-service.com for finding a solution.

Also good for getting your feet wet with only 1000 $ is
http://www.AutoTradingService.com

Mutual funds are good for regular investing like this. Choose low cost no-load mutual funds (Vanguard, T. Rowe Price) and open your account directly with the fund house, not through a brokerage or bank.

Good for you for investing. There's some different things you can do from stocks, bonds, mutual funds, etc. You actually don't need a broker if you go online or work with Fidelity or a company like that. Here's some good info on investing:

http://www.plannerconnect.com/investment...
http://www.plannerconnect.com/investment...

Your college education is your number 1 investment. If its your college tuition money, put it in a savings account (etrade has one with over 4% interest) Losing college tuition money is not fun. I made a little money a couple years ago when I was in college and I spent it for fun money, but it wasnt tuition money I was investing. Stay safe and go for a savings account (I know its not sexy, but you need to keep it safe.) I say put it in a savings account for safe keeping because the market is taking a beating and maybe headed for a recession (which means its bad for stocks) If you still wanna play the stock market, check out utilities (they never go out of business,) play tata motors (ttm) they are coming out with a $2500 car this month (they may also acquire jaguar and land rover from ford.) Or if you just want to invest without the fuss of picking something, buy an ETF or buy a mutual fund. For a ETF or mutual fund I would buy one that follows the s&p 500 index (two-thirds of mutual funds cant even beat it)
Good luck