Mid twenties, good job with decent salary and few bills to pay at the moment. First, some basics: 1) Of the 20K, at least 5K I'm keeping in a low interest, easily accessible spot as an emergency fund, so the investable amount is actually around 15K. 2) Since I am relatively young, I'm interested in growing my money at a healthy clip and am not against some risk in my (still non-existant) portfolio. But I will admit that seeing the indexes take beatings over the month of August has given me pause. Am I better to trow the money into bonds and wait this things out? 3) What's a good ratio of bonds/stock/cash to have in my portfolio for someone like me looking for a 8-10% return and not totally risk averse? 4) Would anyone of you recommend sticking most of my cash in a variety of ETFs and cutting out the middle man? Thanks for the help everyone! It's much appreciated.