Don't mess with CDs - their interest rates are so low that you actually lose money via inflation. Mutual funds are better than CDs, however their returns are lower compared to select stocks (due to their wide diversification and management fees).
Since you are open to a book/website, I can recommend my book recently published: http://www.amazon.com/dp/B00ICJB6Y0
It's information I wish I would have known when starting out. Let me know if you have any other questions.
Save up at least 700. A scottrade account is a 500 dollar minimum. Spend a lot of time researching stocks. I would recommend looking up Timothy Sykes on YouTube
I recommend going to a brokerage house such as Scottrade or TD Ameritrade. They can guide you in investing.
When you hold quality stocks over a period of time, the share prices will go up for a real reason - the companies are earning money every year and becoming more valuable. This is not gambling; you are owner of a money making business.
If you save a portion of your income each payday and as it accumulates invest in stocks, over the course of several years you can grow very wealthy indeed. It is like hiring someone to get a job and earn money for you, and then using that money to hire more workers. Your money grows exponentially.
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Open up a retail brokerage account and invest in individual companies who you do business with. Buy $500 dollars worth at a time but don't be in a rush.
I have good results with no load funds at Vanguard . They have a good tutorial on their site . Don't get in a hurry . Learn
I'm 20 years old have a part time job nothing out of the ordinary. I want to start saving up and learning how to invest. So no I am not looking to jump into to the stock market yet ( even though I don't have the funds even If wanted to ha ha) I'm just looking to invest $100-$200 a month. I know its not a lot but I have to start somewhere. I know of CD accounts that need a minimum $1000 then let it collect interest. Is that my only option for now as a newbie or the " safest " investment move for me right now? I'm very open to suggestions or maybe a book I should read up on or a website that will help guide me better or give me a better understanding of investing. I know there's stuff like mutual bonds but I don't know how any of that stuff works to be honest. Thanks in advance!
