What kind of investments can i make?

i have a little bit of money, 18, working, i feel like the savings account could be a good idea. but im really interested in making money with my money. any suggestions? what kind of investments can i make ? or should i just stick to the savings account.

If you are just starting out in the working world, its good to put some money into savings first. Like one month's salary or one month's expenses. Savings accounts are easy to get in and out of . After savings, mutual funds are good, but they have a little more risk. After you have more than $4000 in savings and mutual funds, then you can investigate other more aggressive investments like stocks.

Put it in a mutual fund, it will grow while you make more.

I would definitely stick with the savings account or stick the money in a CD. Either way you want to ensure that you are earning 4.5% interest or more right now on your money. A savings account with a high interest rate will always adjust to the market's current rate. A CD will lock in a good rate for you but if you need to pull the money out before the CD matures you will have to pay a penalty. Therefore, I would stick with the savings account earning at least 4.5% because you never know when you might need the money and you may make some more money to add to it. Credit unions tend to have good rates and no fees.

Look here for some banks that offer good savings account rates:
http://www.bankrate.com/brm/rate/mmmf_hi...
CD rates and terms:
http://www.bankrate.com/brm/rate/deposit...

I would definitely stick with the savings account or stick the money in a CD. Either way you want to ensure that you are earning 4.5% interest or more right now on your money. A savings account with a high interest rate will always adjust to the market's current rate. A CD will lock in a good rate for you but if you need to pull the money out before the CD matures you will have to pay a penalty. Therefore, I would stick with the savings account earning at least 4.5% because you never know when you might need the money and you may make some more money to add to it. Credit unions tend to have good rates and no fees.

Look here for some banks that offer good savings account rates:
http://www.bankrate.com/brm/rate/mmmf_hi...
CD rates and terms:

wait till you get three months pay in the bank for emergencies,,,,,,,,,
Then get a couple of books on investing.read them twice.....then you can think about an investment and you will not be at a disadvantage..............I like ''the little book that beats the market''

This depends on your character.

- If you are an outdoorsy person who enjoys one of the more risky adventures in investing, invest your money in stocks.

You can invest a little money in penny stocks, but you have to give yourself the time to get more information about penny stocks before investing in it. You can make a small fortune if you learn how to invest wisely in penny stocks.

- If you are a business person who cares about his money, makes profit, and accepts a low level of risk, invest your money in a project whether in your private project or in any project.

- If you are a person who doesn鈥檛 like risk, you should save your money in the bank.

You could always invest in others as well by p2p (person-to-person) lending. You can make a lot higher rate of return and see you're $ grow. You can help others, while making a return on your initial investment.

http://www.ProsperLoanGroup.com