Where should young people invest thier money?

I've got $2000 saved up and I'm wandering where I should invest it. Savings accounts are useless....the intrest rate is absolute rubbish.
I'm 21

The stock market is a good investment for young people because it beats most other investments in the long run. The return can sometimes be as good as 20% with an average of 8-10%.

The drawback is risk, and our self-defense against risk is diversification, meaning spreading the risk across different companies and industries.

Here's what you can do now:
1. Open an account with TD Ameritrade at
http://www.tdameritrade.com

2. Consider buying as many shares of VTI as $2000 can buy.
The reason is that VTI represents the entire US stock market so well that it can reduce your risk.

3. After you've made about $500,000, consider investing some of your money, say 20%, overseas. You can easily do so with Oakmark.
http://oakmark.com/

bonds are goood. You lend money to the gov...better interest, and they pay you back. Also shows investment, which leads to a credit rating, which leads to borrowing more, then you start turning over real estate. The price of gold is also steadily rising.

If you have good credit, go online and do research on a state in the USA that has good potential over the next 10 years. Ex. San Antonio, TX had some good deals a few years ago prior to some Big co's including Toyota moving in, some properties were as little as 20k. Which means you have 10% down!!!.. you have something I don't, and most investors don't.. "Youth".. keep positive and keep saving!!!..

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