The idea that someone in college should really be all that concerned about retirement is ridiculous. CDs right now are getting a horrible return for the fact that the money is locked into a completely non-liquid investment. IRAs aren't providing much return right now either, and because you are too young, you will get no tax credit for the investment. Savings accounts are also not getting much of a return at all because the federal reserve interest rate is so low right now. As was stated above, buying something for lower than the going market price automatically has positive equity (worth more than you paid). Buying artwork (ie paintings) is a good investment if it is an original, or even a low number lithograph, this is a similar situation, you get to enjoy the item visually as well as the fact that it is worth more than your cost. And buying stock or mutual funds is very risky right now, what looks good today can be garbage next month and if you have to liquidate, you will likely not get your money back. As for examples of items getting good returns, I spent less than $20 for a Legends in 3D Boba Fett bust and it is going for more than $100 on the secondary market and that is with a turn-around time of less than 5 years. I spent $15 for a Michael Vick autographed rookie card and it is selling now for more than 5 times what I paid.