Too complicated to give you good advice with the question you've asked. How much do you have in LIQUID savings? If you already have 3 to 6 months in liquid savings, then you can think about investing in the market, but only if) you won't need the money in the next 3 to 5 years. So lets say you have read the above and are ready to put money in the market, then you need to determine your risk tolerance. Are you high risk tolerant or low risk tolerant? Hmmmm, I can't answer that for you. How much investment experience do you have, what are your other investments, etc...there are too many variables. If you don't have a Roth IRA, set one up, then put the money in the roth. If you don't have liquid savings then just put it in a money market account. If you are ready to dabble in the market, I would go with a good mutual fund.
