re: saving at the beginning of your career.

quote:

---

Get a cc now and start building some credit if you haven't already. Put everything you buy on it and pay it off in full every month. Request a limit bump every six months, rinse, repeat.

---

I agree. Building a solid credit rating is very important for lots of reasons, one of them being that you'll more easily qualify for a low mortgage note. And you can't build a credit history if you have no credit to start with.

I also agree with the other sentiment that right now you should focus on socking away as much as humanly possible in tax-advantaged accounts. It doesn't matter much what you invest in when you don't have much capital.

I often tell people they should either 1) Get a market index fund (or target fund) and reinvest dividends, or 2) Make a series of high-risk investments and plow everything into them. Better yet, day trade them. I'm quite serious about #2, right now you don't have much to risk and you'll learn that beating the market actually is not easy no matter how long a lucky streak you get. It's better to learn this now than when you're retired and bored.