<prompt> Human: Im currently living at home and have a job thats paying me more than I could ever spend reasonably. Ive always been interested in investing my money, but Im not quite sure where to go with it. Having read the wiki, I suppose an IRA account would be a good place to go, but having also read about index funds and a diverse portfolio, Im confused on where to start. Im leaning on the side of a balanced portfolio just because it seems it would grow the fastest. Im 24, single, and have no debts or any impending big expenditures. Thanks!Edit: I forgot to add, but I have a previous investment mutual fund set up by my grandparents at Chase. The fees are starting to hurt there because of a high minimum investment amount and I probably will move those funds to the same place Ill start investing my current income as well. Any advice on what to do with those funds would also be greatly appreciated.  <response>: Roth IRA.Uhhh... yeah... I feel like I should write some great paragraph about why a Roth IRA is the best, but its 4am, and most of that information is in the WikiIf you have maxed our your IRA contributions... then you can consider other types of investments. But max your IRA first. 