I am new to the whole investing thing and looking to get started. I'm not super rich or loaded by any means. I do know I have about $5000 that I could start with.

My questions is how should I invest it?

Should I throw all my eggs in 1 basket for the moment since I don't have much?

What type of options do I have open to me?

I've been looking at Money Market Funds and thinking this is the best route for me to get started.

I want to open an account up and then put in about 250 bucks a month into it. Is this a good plan yay or nay?

It's very risky to invest in many area on the Internet, please follow me if you really earn stable money daily.

Don't go for one option. Try 2-3 options so that you can reduce the risk factor.

Here is my suggestion,
First take the money you have available for investing, and park it somewhere safe for now. Many online banks have interest rates that are almost as good, if not better, than money market accounts.
Then, take you time, and get educated. (There will always be the next great investment scheme so you don't need to rush into anything. ) Start with the Motley Fool website and learn about how the stock market works, how bonds work, etc. Learn about the different types of retirement accounts and the pros and cons of each. Learn about value investing and technical investing and your risk tolerance. Know that nothing is a sure bet, and big returns come with big risks. Consider taking an investment class at your local community college. Give it at least 6 months.
Then you will know how you want to invest your $5,000.

hello

Very good advice! Education is key!

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