"I would first advise that you fund a Roth IRA if eligible. Something with Vanguard or Fidelity if you want better mutual funds, or a discount broker if you want to pick individual stocks. Then consider fully funding your 401k or a taxable account, and don't forget about an emergency fund."Let me chime in here, you can use a discount broker for all of your investments outside of your 401K, especially if you have the desire, interest and time to learn.Many offer Mutual Funds (including many of the most popular Vanguard Funds) and it can be much less expensive generally ,you can get a large variety of funds, along with the ability to also purchase individual stocks if and/or when you wish. Putting all your money into one mutual fund ( as the suggestion of only the S&P 500) is not a good plan long term, most of us, after time, use a fund like this for a base and branch out adding individual stocks and other fund types. You need to diversify. You need to look at different aspects of the overall market.Learn about asset allocation.My personal preference is Scottrade, others have their favorites. You can then have your accounts consolidated which makes it much easier to track them. One other note: Study the funds and their HOLDINGS. And please take any forum investment recommendations with great care.Personally I would never consider telling anyone what to specifically do with their money. I am not a professional.
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