How diverse should I be with $5,000?

I'm 19 years old. I've maxed my Roth IRA for this year and am currently a sophomore in college. I have also been making monthly payments on my tuition for the past 3 semesters. I have almost half of my freshman year paid off.

My parent's told me that if I invested $5,000 of my own money, they would match the $5,000 and pay off the rest of my freshman year.

Because of this, I feel comfortable putting money away and would prefer to do so for a longer period of time (15-20 years).

My question is, how diverse should I be with my money? I was considering something like the Russel 3000 or S&P 500, but is this too broad or too diverse for a 15-20 year period? Should I even consider global markets?

I'm looking for something that's stable. I don't expect to be a millionaire or anything close to it from this initial investment, however, I would like to see some sort of growth over 15-20 years.

Investing, IRAs, Lifestage Based Planning
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2 weeks ago
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Split it 50/50 between U.S. stocks and international stocks.

Sure you can use the Russell or S&P500 for the U.S. part. Then add a total international fund for the other half.

Other than adding to it, try to leave it alone for that 15-20 years. You may be surprised at the growth.

Keep up the good work at college...

Hope that helps!

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