<prompt> Human: My aunt passed away recently leaving her nieces and nephews each a small inheritance.A lot of the posts I see on here are in regards to larger amounts of money, and the advice, generally involves paying off debts. The amount is not huge, 10,000, and I dont have any outstanding debts. Any advice as to what to do with this money? I live a very simple lifestyle, I just want to be smart with this money, thanks!Assistant: Do you have an investment account anywhere?Human: No, not currently.  <response>: Vanguard is a popular choice, you could open an IRA there. I personally use Fidelity for no particular reason at all. If you go with Vanguard you can buy their 2055 target date index fund if you go with Fidelity you can go with their 2055 target date index fund Once you hit the 5500 limit for this year you can open an individual investment account with anyone and buy some SP500, you can do that with either an ETF or an index fund. ETF means you buy one share at a time, for Vanguard the stock ticker is VOO. Index fund means you have you have to buy a minimum of 2500 to 3000 but you can buy fractions of shares, for Vanguard the stock ticker is VFINX. 