Re: How should I go about investing this?
what's wrong with mutual funds?
The reason everybody and their uncle is investing in them is because they are built to appeal to the individual investor who likes to systematically invest small amounts (like you).
This is not a slam on you, but you'd be making one of the couple critical errors if you didn't use mutual funds...diversification.
Pick mutual funds based on your time horizon. Long term, go with stock funds, short term investors should go with more conservative funds like money markets or short term bond funds.
I'd personally recommend you build up a sizeable cash reserve before doing much long term investing. At 19, your life can take way too many turns and i can think of a thousand things you might need cash for in the next 2/3 years.
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