<prompt> Human: So I am a 26 yr old Chemist making 60Kyear. I have around 20K in savings and am looking to invest 10-12K of that to start having it make some money. I have a 401K with my company that I contribute roughly 10 to. I currently have no Loans or debt, and am not looking to buy a house or property anytime soon.What would be some smart ways to handle this extra money?  <response>: Roth IRA. Fund it with 5500 now and then another 5500 after the new year. Then your investment options are unlimited. I own 10-15 stocks and ETFs in my IRA. I enjoy researching equities and trading. You can also just buy ETFs or index funds more a more hands off approach. Then just keep adding additional funds each year. Go with TD Ameritrade or Vanguard or Fidelity 