Most Fools would suggest beginning with SPY, the S&P 500 tracking stock traded on the AMEX. For the more agressive, you could put a portion of your funds--probably no more than 20-30% in QQQ, the NASDAQ 100 tracking stock. Both have low expense ratios and fairly broad diversification. Both are heavy in tech stocks, the NASDAQ is very heavy in tech stocks.For the more conservative, balance SPY with some holdings in an international fund and possibly a small cap fund (up to 15% each) or for the very conservative, check out Diamonds, DIA, the Dow Jones tracking stock. Very blue chip. High expense ratio.For an introduction to the Foolish investment philosophy, check out Fool School from the fool.com home page. You can also look at some of the Foolish stock portfolios. Foolish 4 now Foolish 8, Rule Makers and Rule Breakers.Best of luck to you.
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