NoMoreTO said:NoMoreTO said:
It sounds like you are new to the investment game.
I'd suggest you buy the whole index. DOW or S&P 500.
Given the current investment climate, I wouldn't sink a large amount in all at once. If you have an investment amount in mind, I would suggest only to invest 1/4 now, then wait and see. Perhaps invest another 1/4 in the summer.
Read up on some investment basics or see a financial planner. If you don't understand the stock market, perhaps put your money somewhere else or keep it in the bank. There are a lot of smart guys who work in the financial biz who don't invest in it.
I've been involved in stocks for the past two years with the majority of my stocks in the S&P 500. My timeline is quite long (10 years+) and decided to invest in stocks as it would beat inflation and interest rates set by my bank and would ride out any market dips.
But now I'm interested in buying individual stocks and improving my general understanding.
I also am sitting on a decent wad of cash and have emergency savings so not too worried about the market dropping or fluctuations.