[Ima saver]

I like vanguard Index 500 mutual fund a lot. I earned 16% on mine last year. You need a minimum of $3000 to open that. However, if you are saving for a truck, it would be best to open a high paying money market account. You should be able to get at least 5%. I think opening a roth ira when you are young is the greatest thing. But you should have a little more savings than that so you won't use all your cash up to open a roth. Once you open a roth, you should try to never touch that money. You can transfer it around, but try never to take it out.