<prompt> Human: So Im kinda new to this. I make close to 1,700month, pay 450 in rent and about 500 in other essential expenses. I have a good chunk of an emergency fund put away along with about 600 for a rainy day fun. I recently was able to put away 5,000 to start investing and I really need some help in where to start. From what Ive read index funds seem to be a good long term option. Any help is appreciated!  <response>: I would put it in a Roth IRA if you are eligible. It grows tax free and the amount you contribute can be withdrawn penalty free if you ever need it. I assume you are looking for long term investments by your question. An SP 500 index fund is a good place to start if you are looking for set it and forget it type long term investment. 