Keep money in a savings account or checking account.
Invest in low-risk investments, such as savings bonds or CDs.
Commit to invest a set amount every pay period, usually in stocks, mutual funds, or retirement investments.
Make strategic investments in a variety of different types of investments. Diversify to balance out losses and gains in different investment types.
Invest in more complex and risky investments, such as penny stocks, junk bonds, or collectibles. Some people never do invest in this type to avoid the high risks.
