The capital market line is the line that goes from the risk free rate through the market portfolioin an expected return/standard deviation graph. The market portfolio can be represented by a broad market index such as the S&P500 or the Wilshire 5000. You can decide where you are on this line as an investor by choosing what proportions to invest in the risk free asset and the market portfolio. As an investor, where would you like to be on the capital market line, how could you achieve it, and why?