A.I.M. "In Depth" Q&A

[Toofuzzy]

First pick a broker.

TD Ameritrade, Fidelity, Vanguard, etc

Each will have certain ETFs you can trade for free.

Compare fund operating cost and chart compared to index and decide.

I shares, Vanguard, and others have s+p 500 funds

Put 10,000 in fund and 10,000 in money market account.

Before you do anything decide what you want to own for the rest of your life. You will gradually
add those funds as you have more money. Diversify by style or industry. Invest in the worst ones first. For instance energy is down now if you were diversifying by industry and energy was one of the sectors you eventually wanted to own.

It takes more funds to diversify by industry than style.

Toofuzzy