The stock market is a proven wealth-building machine in the long run, but it can be intimidating at first.

For new investors, stock-picking can look bewildering and confusing. How do you build a diversified stock portfolio without any market experience?

Luckily, there's a very simple way to get started on the right foot. A broad market-tracking index fund gives you a huge shot of instant diversification, and then you can build on that rock-solid base by adding single stocks later. Give your investing style some time to develop before leaning on specific stocks, or even industries.

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Source Fool.com