What are the best ways to save or invest money?

Stock market.

Don't know how to start?

First you need to start an account with a company like Schwab, Scottrade, Vanguard, or T. Rowe Price. The kind of account depends on what you are saving for. If retirement then a Roth IRA, college, then a 529 Plan, or for long-term savings with stocks, then just a regular stock account. After filling out a application, you send in the money, and it goes to your account. Then you get to pick what you want to invest in.

For a younger person it is better to be more aggesive in investing, so invest in stocks rather than CDs or bonds, and maybe mutual funds. Mutual funds are more diversified yet they usually don't make as much if you do proficient research for stocks.

So what do you want to look for when buying stocks from a company? Look into different companies that you know that you think do well, sell good products and have room for growth. Once you do that, look at the history of how the stock has done. Also look at the recent new, the ratings, more on what the company does, and what others say about it. Then when you narrow it out to a few companies that you know a good amount about, watch them some before you buy them, and see how it responds towards the recent new about them.

If you really don't have time and don't want to keep looking into new companies and you just want to forget about it, then you'll never get the full potential, but mutual funds will be a little better for that situation.

More on a Roth IRA. A Roth IRA is a retirement account where taxes are payed before hand. You can take the money out at 59 1/2 or later tax free. Otherwise you will be penalized 10%. However you can take out any money you put in at any time, just not the interest.

spend it all.

Mutual funds are good because your money is invested by experts. You can invest in mutual funds as IRAs. Talk to a reputable investment firm, such as Fidelity, Vanguard or T.Rowe Price.

Hi,
Great question & definitely worth taking some time out to thing about. As with other serious decisions thisone requires some advanced planning & consideration.
I personally look after my family budget and all spending items need to be accounted for so that at any point in time you know where you are. Requires discipline but that's the only way.
To help you with budgeting & potential investment analysis I'd recommend a personal finance software by Australian business Parcus Group.
Easy to use program with features including budgeting, financial planning, real estate analysis, shares valuation, life insurance...
Costs US$24 so it's not a huge investment but absolutely great value for money.
You can get it on
http://www.parcusgroup.com/index.html
Regards

Euro America Index it the best for invest..
Try it!! http://www.eaindex.com/CMGK2058
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Put the maximum into your 401k, then play with the rest.

Well, there are alot of investments other than CD's, Money Market Acounts, Stocks and Bonds.

Your home, classic cars ( though more speculative than most), re education to make more money.

1st would be paying off your house, then if your company uses 401K, if your gonna be there a long time and feel secure, use it. Stock market I'd stay away from, actually, I'd look at that as casino gambling and would say bonds before stocks. CD's are good for amounts under 20,000. Money market for amounts over 50000. I prefer money market because you can get to your money easier than anything else, its like a checking account for any amount, but if your not diciplined, you'll get into it as much as a normal savings account.