For those who are interested in more advanced strategies, many brokerages allow you to open a stock market simulator account, so you can trade with a set amount of play money to learn the ropes.

Best free stock-trading platforms Best for streamlined ... Standout benefits: Clients receive market commentary and earnings reports from top financial media, including Reuters and Morningstar.

This guaranteed rate can provide you with a sense of security, but the flip side of that coin is that your savings could possibly earn more in the stock market. CNBC Select walks you through how ...