go to sharebuilder and look at things like ETF's
I work with a profesional investor (my econ prof) and she refers ETF's to anybody who doesn't have a lot of money.
You can buy parts of funds ( Like now I curently own like 5% of an exon mobile share)
Don't invest money you don't have
But you don't need a lot money
I currently invest 60 bucks every month and that's it, but after looking at average growth and doing some calculations I should have a decent amount of money by the end of the year.
use these sites to find and scope out good ETF's
morningstar.com (use this one to look at the portfolio and see the top 25 shares to see what companies are under the ETF)
Invest in pretty much anything with China and lean towards international and large growth industry.
Some good ETF's (and some that I personally invest in and have good results):
XLE (an energy fund by SPDR) energy is always good to invest in
GXC (China index-- has shown 85% growth in the past 6 months and shows little signs of slowing down) + china is kicking our ***
QQQQ - Nasdaq 100 fund
BTW there aren't any extra funds like mutal funds or index funds, but they work pretty much the same as an index fund (ETF's are the ****)
BTW this is long term if you want short term try OTTCB.com -- good penny stocks can be foudn here and money can be lost or gained very quickly
But once again -- DONT INVEST MONEY YOU CAN'T AFFORD TO LOSE