<prompt> Human: Ive had money sitting in my savings account for awhile and have been really interested in finally using some of that money to invest in stocks or a fund.I earn around 2,700 after taxes a month and dont pay rent. The only expenses I have are my cell, car payment, groceries and internet. I usually can save around 1,600 each month. I have around 6,500 in a mutual fund and a Roth IRA with Schwab that I currently have invested in a Schwabb Index fund. My savings account is growing however I would love to see a majority of that go towards some investments.Since Im not smart about moneyinvestments Ill give you guys an idea of what I have in mind, although I know its a huge risk. Could I just dump 30k in a reputable rising stock, let it sit for a week or two and then take my earnings or losses! out? Is it this straight forward? What should I do? Ive read about Vanguard and their funds, is this a good option for someone in my position?I appreciate any feedback, thanks reddit!  <response>: That 30k into a rising stock, let it sit and withdraw idea is RISKY! To the max. 30k into a single stock is somewhat like taking a basketfull of eggs on a roller coaster. For stable, very long term growth an index fund is the way to go at 27. If you want to play around in the market make a fake account first - many online brokerage will let you make a dummy account with fake money and you can mess around to your hearts content. If you have success there then maybe allow yourself to throw some money in. But that should be money that youd be prepared to set on fire. Id think of it more as a recreational activity then a moneymaking investment. If youre investing to make money, drop your coinage in a low cost, broad index fund and wait 30 years- youll triple your value or more. Additionally, you dont pay rent? If you earn like that and have so much to use elsewhere it might score you UBER points to throw a few hundred towards whoeverwherever youre living to help contribute towards your own expenses. I know nothing about your situation, but as a 27 year old making great money you should be contributing to your living expenses. 