For all those who are looking to start investing and don't know how to or know where to put their money, rather than putting your money into individual stocks it would be wise to hedge your risk in the market (especially in todays economy). Investing in index funds is a great way to diversify your portfolio and an greater way to limit the risk within it. For example investing $200,000 in an index such as the ASX200 and S&P500 with evenly distribute that $200,000 into all 200-500 companies giving you partial ownership in all of them. with a annual growth of 1.4% over 10 years with limited risk yields high returns for those smart enough to invest.
This is covered ad infinitum in numerous other threads Billy. Check out the ETF's and LIC's thread. You may find you are preaching to the choir in this forum.
