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I'm not that other guy, but my advice:

There's no substitute for doing your own reading and research. Some good authors to start with are John Bogle, Larry Swedroe, Rick Ferri, Peter Bernstein, Nassim Taleb, William Bernstein, Burton Malkiel, Harry Browne. Don't invest in anything you don't understand, and don't trust any investing concept that can't be explained to you in 5-10 minutes.

The learning process should take you at least 6 months. Whenever you think you've got it figured out (most financial authors present their ideas in a very convincing, absolutist way), keep reading, because the next book might change your mind. In the meantime, put your money in a safe place -- bank CDs or short-term Treasurys -- and don't touch it.



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