I want to invest in a mutual fund for the first time. Which one??

[ScrimpAndSave]

I'm looking to invest in a mutual fund. I just want to put in $100 every few months. I have the bulk of my savings in my INGDirect account...this I want for more long term stuff.

I am signed up with ShareBuilder through INGDirect.com, but their mutual funds have not done so well...

Any suggestions for a conservative one with some possibility of growth over the years?

THANKS!

[Broken Arrow]

What is "long term stuff"? If it's retirement, T. Rowe Price's Retirement funds are a good candidate to look into.

[ScrimpAndSave]

Hi Broken,

By "long term stuff", I mean an account that does not have to be accessed for another 10 years or so. I would like it as an extra emergency fund that I can kind of play with....hope that makes sense.

[humandraydel]

I would invest half in Vanguard Total Stock Market Index (VTI is the ticker), and leave half in CDs and/or MM. Conservative enough with good chance for growth over 10 years.