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I think the first (and best) thing will need to invest was a small selection (3-5) of dividend reinvestment plans (DRIPs). But I'll qualify that a bit: for anybody who is lucky enough to have an RRSP or 401K where your employer matches your contributions, then by all means, max that out first. That's free money, as although. You might also just have an RRSP or 401K of private personal without these extra monetary gifts. And if your income is high enough to have any reductions that contributions to an RRSP/401K might bring, then definitely max that out too.
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