i'm completely not savvy when it comes to money, investments, and savings.
so, if you had $1000 to put into savings, where would you put it (what kind of return would you look for)?
the primary goal is to let it grow a little with small monthly payments and portions should be available for withdrawal, preferably without penalty. ideally, it would some day be used for a down payment on a house and/or as a college fund. more immediately, it would be nice to have available, if needed, to help pay for things like vacations or the unemployed lifestyle or emergencies.
ps: i already have an IRA which is strictly hands off and targeted for retirement.