<prompt> Human: Ok so my dad is giving me 34k to invest into stocks and start my portfolio. I was thinking of putting it all into amazon, is this ill advised? Im a noob  <response>: Dont do that, investing most of your assets in single stocks is gambling. Ideally, follow the Prime Directive. If it was given to you on the condition that it must all be invested, set aside 11,000 to put max an IRA this year and next year and put the rest into a taxable brokerage account. Invest in low cost index funds through somewhere like Vanguard, Fidelity or Schwab. 